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

To: Dr. No who wrote (1238)	11/28/1998 10:08:00 PM
From: E_K_S	Read Replies (2) \| Respond to of 3299

Hi No. - From what I can tell, they lost a few orders from GTE and had some China orders that were delayed due to compatability issues. The China orders may resurface 1Qtr next year as management has solved the product configuration/compatability issues. AFCI missed the cut of vendors from the GTE's RFP earlier this year. I am not exactly sure if it was due to price, product performance or delivery. AFCI will be building a new factory in Florida and will be able to build-to-order product in a timely fashion. My guess is that several new orders from either Bell South, GTE or a CLEC are in process to service the southern Florida region. I am presently accumulating a long position with the expectations that next year will bring some very good news for AFCI. A new CEO and perhaps several new contracts. From what I can tell, their technology still looks solid. EKS