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


To: Sandie who wrote (1014)10/7/1998 12:37:00 PM
From: Jon Cave  Read Replies (1) | Respond to of 3299
 
Is AFCI still in business? <g>

Did they file for bankruptcy?

Did the factory at AFCI burn down?

When are earnings expected?



To: Sandie who wrote (1014)10/7/1998 2:25:00 PM
From: Ultimate Investor  Read Replies (1) | Respond to of 3299
 
Hi sandie,
What yopu doing here at AFCI. Why do we go after all the loser stocks (PSIX and now AFCI). Shd I get into AFCI? I think the margin calls and it becoming a such a low priced and low market cap stock will compel institutions to sell, and we may see some heavy price deterioration, maybe to the $2-3 level and then in a few quarters if and when the company does well, we might see the big price upswing. yes, the company fundamentally looks good but in this market when the management tries to be too smart (remember PSIX!), the stock gets wiped out. What is your reading?