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

To: Just My Opinion who wrote (299)	11/14/1998 9:25:00 AM
From: Paul Motter	Read Replies (1) \| Respond to of 461

CNBC got the story correct that it was a speculative stock, they were saying "we think this is pure speculation and we didn't even want to mention it." To be exact, It was Bloomberg who issued a story that quoted the CEO as saying they had a new modem and they were rolling out nationwide service for $30 a month, then Reuters followed soon afterwards. By the way. I work for Motley Fool as networking stocks analyst, and I immediately posted a message in the networking folder there saying this was not what the press was saying it was, and that was AFTER I called the company and confirmed what they did. They told me they do not sell a modem, that they resell GTE's ADSL, and that they are not going nationwide. I sent AVTEL the Bloomberg story at their request because they had not heard about it or seen it yet. The most recent Reuters story backs up their claim that the CEO actually made misleading statements, and if so then he is the one to blame for this fiasco. In my opinion, anyone blaming Joe Kernan for this mess is probably one of the sheep who jumped on the momentum train without their brains on board. boards.fool.com I told my readers immediately at Fool.com. TMFdotcom@aol.com

To: Just My Opinion who wrote (299)	11/14/1998 11:16:00 AM
From: Cavalry	Respond to of 461

cnbc can do that look at xybr, joe said new company xybr wearable computers, deal with sony joe said more info later. Before cnbc even knew what wearable computers were the stock price exploded, by the time ceo was on cnbc stock had dropped down...this stock will tank so hard on open monday, lucky to hold $8, imo....reuters stands by their report that avco ceo said they would roll out national service, now ceo says maybe one day only santa barbara for now....this one will get hit with tons of class action suits by next friday....nasdaq halt off monday, sec's turn next, for innaccurately disseminated public info. cav internet mini's with low total shares 13 mil or less tightly held, all have potential to be next avco if they release right news in this mania...the worlds gone internet mad and i like it....

To: Just My Opinion who wrote (299)	11/14/1998 2:09:00 PM
From: LTK007	Read Replies (1) \| Respond to of 461

Firstly I do agree that the last end burst from about 11points to 31 at the bell--was caused by Joe K. and shorts resultantly running to cover and getting annihilated---I think the company was probably ecstatic with the 11--and probably was hoping for like 7-8--this obviously got out of hand --now you wrote < But...Think about it, do you honestly believe that a company could say..well this news release will get us to x dollars? (and be right?) > I think they were intensely conscious that internet fever was in play--and let's try this "rip-off the stock investors ploy" today--and see what happens--Only my opinion,max90