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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?


To: wolfgangl who wrote (2740)10/8/1999 12:59:00 PM
From: BWAC  Respond to of 3299
 
<BTW the odds for black and red are the same for each spin. It does not matter if there was showing up red five or fifty times. >

Is this gambling or investing? If investing then odds don't have much to do with it. Earnings and sales and assets are much more important, and their hopeful increase.

These things are still important, aren't they?

AFCI has had a great run. All on expected better earnings. They have to deliver now. Or else.



To: wolfgangl who wrote (2740)10/8/1999 1:32:00 PM
From: Andre Daedone  Read Replies (1) | Respond to of 3299
 
Wolfgang, Maybe I used poor choice of words. When a stock runs up like AFCI has their are bound to be profit takers along the way. With the FED report today, I am sure investors are seeing this as a way to take profits. Unfortunately, I bought this stock @9.00/s and have already taken my investment out at 16.00/share. My next profit taking will be at 27.00/share. Another thing is that there is about 40% institutional investment which always helps maintain the price.

Andr‚