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


To: Jeff Jordan who wrote (1041)10/9/1998 2:14:00 PM
From: charger  Read Replies (2) | Respond to of 3299
 
Somebody buying the crap out of this issue today. Could be it hit bottom yesterday and poised to surprise on Tuesday. I'm in for the possibility...not much downside risk at this level. Market looks out nine months into the future anyway, and may discount a turnaround here if all bad news has been factored in. Rate cut by the Fed wouldn't hurt either...as well as short covering. Then there's always the possibility of Mr. White Knight.