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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (5423)1/5/1999 9:06:00 PM
From: Junkyardawg  Respond to of 90042
 
Dad Burn Tim
That thing just doubled in price today!

Thanks for the suggestion for us little folks.

dawg



To: Tim Luke who wrote (5423)1/5/1999 9:11:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 90042
 
Tim
AVCO
Why did it fall from $31 to $15, 60 days ago.
It has kept falling ever since.
Down to the $4 range and in one day up to the $8 range.

dawg



To: Tim Luke who wrote (5423)1/5/1999 9:28:00 PM
From: alruss  Read Replies (1) | Respond to of 90042
 
AVCO - one more caution!
Sorry Tim, Hey I like your "moderate" role here on SI. I'm a big cap tech guy myself, usually calls, but this thing, AVCO, is for 'PRO's" only.
From MF

"Hey," Fools might be wondering, "haven't I heard of AvTel Communications
(Nasdaq: AVCO) before?" The network services company rose $4 1/4, or
103%,
to $8 3/8 today after it said it will start offering multimedia and Internet
development services through its Addictive Media division. Last we heard
from AvTel, the company was being yanked down from a more than 1200%
one-day
rise in mid-November after a press release announcing a new Internet access
service for Santa Barbara was widely misunderstood by trigger-happy
investors and the financial media as heralding a revolutionary modem. A
handful of class-action lawsuits alleging fraud still hang over AvTel's head
today, but that didn't stop shareholders from getting right back on the
roller coaster -- the company's 1.3 million share float changed hands more
than twice today, with the shares rising as high as $11 5/8 mid-session.