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Technology Stocks : ADFLEX SOLUTIONS ( AFLX ) -- Ignore unavailable to you. Want to Upgrade?


To: Asymmetric who wrote (170)11/19/1997 7:54:00 PM
From: Steve Smith  Respond to of 718
 
I agree Peter.

AFLX was thrown out with SEG for fear and panic from some big holders.

Cooler heads and patience will prevail.

steve



To: Asymmetric who wrote (170)11/19/1997 7:55:00 PM
From: Amir Desai  Read Replies (1) | Respond to of 718
 
Peter, I agree today's selloff most likely a couple stupid institutions dumping stock. However, let's keep things in perspective. In the last year, the stock is up from $8 or so. That's well OVER 110%. These guys are probably just taking profits.

Give this stock about a week. Once the brokerages who follow this stock such as PaineWebber, H&Q, Robertson Stephens, Needham, and whoever else follows this things figures out that the sky is NOT falling, bargain hunting buyers will surface. Keep in mind that if AFLX stays at these depressed levels the secondary wll most likely be cancelled. If that happens, the brokerages who offer the secondary will lose big money. In our case, the brokerages & analyst are probably on our side this time. They will do everything they can to support the stock.