Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wizard who wrote (474)	5/20/1998 4:14:00 PM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 3299

>Hey Chris, while you are at it you might want to short all the leaders >involved in the most attractive growth areas. Why do any real work >on business fundamentals when you can take the lazy approach of >monitoring insider selling?? How convenient... take it easy, tough guy. first of all, i'm neither long nor short. afci's novel to me and i'm simply hitting the books, doing my homework. secondly, regarding "lazy," if you'd take the time to review my previous posts to this board, you'll note that i've contributed a number newsworthy items. (gasp!) this one was indeed negative. must one justify every post? granted, for the most part, insider sales are meaningless in the larger picture (purchases on the other hand aren't), but the sheer number, value, and concentrated timing of these planned transactions gives me pause. this company does have a unique niche, is growing like a beanstalk, and the market values it so. yet, given this year's forward p/e of 54 (based on an expected eps of $.76) and a 48% projected growth rate for fy99, a missed expectation will bring serious fallout. do insiders know something we don't? let's discuss. if i did offend your sensibilities by the glibness of my post, then for that i do apologize. all my best for an auspicious '98.