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Strategies & Market Trends : Trader J's Inner Circle
NVDA 198.54-4.1%3:59 PM EST

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To: Trader J who wrote (9919)2/25/1999 12:51:00 AM
From: Trader J  Read Replies (1) of 56532
 
AFCI - Another opportunity? Yes, another opportunity to play this on from the 7s to 10 or so. How many times have we played this one?

They warned about some revenue not appearing as they expected but this still is a fabulous company with solid growth prospects. Will be taken out eventually by a larger player.....and it my gut is telling me sooner than not.

This is another one for the patient trader as you may have to buy and sit for a few days, but you should be able to pull a point or so out of it over the next couple of days.

They were at an investment conference today from what I understand....and were not covered by any of the attendants. Perhaps that would change now...... but I doubt much coverage would come in the face of near term uncertainty about orders.

Trade it.

Tj
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