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Technology Stocks : Advanced Fibre (AFCI) ** IPO
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To: Douglas V. Fant who wrote (1796)2/19/1999 11:37:00 AM
From: Nick Papa  Read Replies (2) of 3299
 
You may be right here Doug.

Consider that the average daily volume is 2.6M shares, which means that most of those days (2/10-2/17) were 1/3 to 1/2 the average. On 2/18 (the day we came closest to the average), AFCI was down 1/2 point. One could read that as high volume-down day, which is usually not favorable. Especially since the DOW gained 100+ points that day.

Just another opinion.
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