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

To: Ahmad Ascha who wrote (247)12/25/1997 9:11:00 PM
From: Milkman  Respond to of 3299
 
Ahmad,

Thanks for the heads up!

Two of the top people (Chairman and VP) cashing in some of their wealth. Could go two ways, They have the most stock/options and need to take capital gains this year. The other possibility is that they are pulling out some cash because they anticipate the stock was going down. I prefer to think it was the former. Especially since, when they were selling, I was buying.

The fundamentals are still good. Are quarter earnings out in January?

Regards,

Milkman



To: Ahmad Ascha who wrote (247)1/1/1998 6:48:00 PM
From: charger  Read Replies (1) | Respond to of 3299
 
This thread is pretty quiet considering AFCI just broke out of its downtrend on good volume. If the market explodes this month, it'll be back to 40 in no time. There's lots of cash with no place to go!


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