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Technology Stocks : Avici (AVCI) The Next Cisco -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (145)8/22/2000 12:36:26 PM
From: minorejoy2000  Read Replies (1) | Respond to of 240
 
Stockman,
Thanks for the response and the info, as well as that post link. It's as I suspected you meant, that is, that the float was small enough to influence. Any ideas why it dropped today? A couple firms initiating coverage, one with a neutral and one mentioning a $150 price target is the only thing I can see. Just got home, and when I saw that, I immediately went to Ameritrade to pick up a few more, but saw that I had already picked up 10 this morning due to limit order at 131. I'm going slow these days---still expecting a slump last day before Labor Day, maybe another in Oct, but of course, if we do rally a little, those lows may still be higher than todays prices.
Do you have any Corvis? I don't but have been watching it. They are located right here where I live in Linthicum, MD. Never knew it and still haven't spotted them in this quite small community.
I also have a long term outlook and have no plans on doing anything but accumulate in time. Glad to read encouraging words.
Mino