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

To: Jeff Jordan who wrote (1440)12/28/1998 10:21:00 AM
From: Vegas  Read Replies (1) | Respond to of 3299
 
Hi Thread;

We seem to be moving up very nicely today. Chart looks like something HUGE is going to happen. Bol. Bands have moved very close together. Usually this indicate a BIG move either UP or DOWN. Based on the accumulation over the last week, I would say UP.

Doubled my position at $8

JF



To: Jeff Jordan who wrote (1440)12/29/1998 10:30:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 3299
 
It's nice to see AFCI breaking out. With favorable forecast for earnings improvement and momentum building into 2Q99 along w/ all the other recent good news I expect to see my target of $20 sooner than anticipated. I wouldn't be surprised to see $16 sometime next week as the shorts begin to get squeezed.

AFCI will clearly be a winner as new money jumps on the momentum.

Jeff


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