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

To: E_K_S who wrote (1186)	11/3/1998 8:55:00 AM
From: Sonny	Read Replies (1) \| Respond to of 3299

AFCI mentioned by Jim Kingsland of Bloomberg Radio (1130 am) at 8:20am this morning. Here is what was said: "positive indication on fibre ... AFCI ... may be by 1/8th of a point ... up to 12 ... this morning". Here is my interpretation of this, co-relating such announcements from the experience in the past: At 8:20am and at 8:40am (and a few times, at 9:00am also) on M-F, Bloomberg gives such indications. When the indication is up by a point or more, the reasons are obvious. But, when the indication is up only a fraction of a point, such as 1/8th in this case, the indications are very subtle, and hence, very powerful simultaneously. IOW, I'm expecting a continual of bullish run for quite some time in AFCI now. In fact, now its being considered as safer for some big boys to go-in with their big bucks, than when it was around 5! Funny, isn't it? :-) But, thats true and thats a street fact. There are tens of thousands of traders whose ears and consciousness are glued to such Bloomberg broadcasts every morning, while they are waiting in their cars, trains, taxis on NJTP, GSP and other highways, they get this signal, understand its importance, and go to work and pounce on the mentioned equity, to gobble up shares then, as if there is no tomorrow, imho! This happens day-in and day-out all the time. Hence, I'm expecting the continual of the bullish run. All imho. Please do your thorough DD. regards to all, -/Sonny.