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


To: Sandie who wrote (1018)10/7/1998 8:36:00 PM
From: Ultimate Investor  Read Replies (1) | Respond to of 3299
 
Sandie, wish I made money in the PSI but that company is not going anywhere but down. It is theoretically a sound company but please do not look at the numbers of PSI. They tell a dark story. AFCI is exactly the opposite. Very good numbers but the story seems to be not that good. I will rather buy the numbers than theory. Why do you think I never got my PhD? But the fraud factor about AFCI troubles me and so I am not jumping in now. Technically, the stock maight drop a few more points. Just look at CIENA, and you will know what I mean. There used to be a company (symbol = BBTK) where the story was good, numbers were good and then the shit hit the fan. Rest is history. I will be careful with these high tech companies -- they come tumbling down so fast.