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

To: Vegas who wrote (1332)	12/9/1998 8:35:00 PM
From: riposte	Respond to of 3299

AFCI added to The Raging Bull's "Raging Portfolio" Okay, that's not such a big, deal, I guess, but it's interesting how much good press like this that AFCI's been receiving. I just noticed tonight that Wired magazine's "The Wired Investment Portfolio" added AFCI in November. Notice the reference to Sprint as a "big customer". Steve [TEXT DELETED] Our second local loop bandwidth play is Advanced Fibre Communications (AFCI). AFCI makes a product called a Universal Modular Carrier. This device enables phone companies to hook up any customer's phone to their network, no matter what language the consumer's device uses. AFCI's Carrier can handle numerous protocols, including ISDN, DSL, and anything fiber, coaxial, or wireless. Ameritech, France Telecom, GTE, and Sprint are all big customers. Clearly, AFCI's technology is a key enabler for local phone companies seeking to offer high bandwidth products such as DSL to their customers to compete with the cable modems. After flying high, AFCI's stock has fallen sharply to earth in recent months. The company's sales have been hurt by the global crisis, and management was caught hyping its technology and not focusing on selling its product. Worrisome, yes, but we think the risk/reward at these levels are favorable. [REMAINING TEXT DELETED] FULL TEXT @: ragingbull.com