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


To: Philipc who wrote (1400)12/16/1998 12:33:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 3299
 
Philipc, AFCI's earnings are due out January 11th. Thus with a mandated SEC 20-day "quiet period", AFCI has only a couple of days left to give an earnings warning assuming that the quiet period runs for 20 actual calendar days. If it's 20 business days, well, then the period for a warning has already passed.. My guess is that none will be forthcoming.

Actually the Sprint contract even though a renewal, offers significant upside....

Sincerely,

Doug F.




To: Philipc who wrote (1400)12/16/1998 12:37:00 PM
From: Mehdi Hassanipour  Respond to of 3299
 
A lot of end of year tax selling pressure on AFC. Don't forget that "blind-sided by management" investors have paid $40+ on this stock earlier in the year.

LOL



To: Philipc who wrote (1400)12/16/1998 3:54:00 PM
From: Tom Gebing  Read Replies (1) | Respond to of 3299
 
<< When the stock price drops despite the good news, it spells trouble. I am worried! >>

Normally I would be too...but tax selling could be a big part of the problem . We just won't know for another week. Meanwhile I am holding after buying a truck load at higher prices.