Advanced Fibre (AFCI) ** IPO Message Board

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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Douglas V. Fant who wrote (1937)	3/7/1999 7:02:00 AM
From: Ram Seetharaman	Read Replies (1) of 3299

Jim Jubak at Microsoft Investor Network has AFCI still on his buy list! Advanced Fibre Communications, Inc. AFCI 03/17/98 $40.125 3/5/99 $8.063 +$0.188 Change -79.91% "I think the last shoe has dropped on Advanced Fibre Communications (AFCI). As I wrote in my March 17, 1998 column, "Picking Up on Telecom Mergers" I like the company's Universal Modular Carrier, but management got so carried away with touting the prospects of this technology that it forgot to sell its product. I'm keeping the stock in Jubak's Picks, but I'm slashing my target price to $18 a share by October 1999". Also try this research report at Lehman's. lehman.com

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