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Technology Stocks : Avtel Communication (AVCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (251)11/13/1998 2:43:00 PM
From: Arthur Radley  Read Replies (1) | Respond to of 461
 
A better poll is to guess how many and in what amounts the insiders sold into yesterday's volume. This thing is going to be an "Otis" when it re-opens and it will be going only one direction......IMO.



To: The Philosopher who wrote (251)11/13/1998 3:03:00 PM
From: day_traitor  Read Replies (1) | Respond to of 461
 
My guesses: 10 and 2 1/2. I'm just hoping for the 10 or under, I'm still short 1000 at 10 1/4. Faintly reminiscent of musical chairs, and I guess I'm left standing.....



To: The Philosopher who wrote (251)11/13/1998 3:37:00 PM
From: Ted Gregg  Respond to of 461
 
Due to the halt & possible greater shares for sale from insiders & profit takers, I believe it will open $5 tops.

Low for the day, and new 52 week, $1.50

I think AVCO's hope for good PR & increased value in their holdings will result in a disaster they are now sweating.

As an insider I would be willing to help the MM's to cover any short position they may still have. Not too many others will be buying. Not too many were able to short due to low float and the buying frenzy.

Being short AVCO helps me look forward to a comfortable weekend.
I hope the longs can somehow find comfort also.

Goodnight, Ted