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

To: Nick Papa who wrote (1608)1/14/1999 11:18:00 AM
From: Sonny  Read Replies (1) | Respond to of 3299
 
> Today's start has been great and this could be the day.

Because of the upgrade today, today's action is immaterial, even if it temporarily goes above 13. What concerned me most was some big (huge volume) red (sale) lines, right after the upgrade. Either some MFM does not believe in the upgrade or worse, the upgraders might be employing the P&D strategy themselves?? (possible just before earnings?? easy to lure the suckers at this stage with LU/ASND visibility isn't it?). This is a very bumpy ride, no clues whatsoever. Also, tomorrow is profit-takers Friday with this issue traditionally. That may be the key to watch imho!

regards to all,
-/Sonny.



To: Nick Papa who wrote (1608)1/14/1999 5:52:00 PM
From: Richard Strutz  Read Replies (1) | Respond to of 3299
 
Hi Nick,

This looks like the activity I thought last weeks close at 12 1/2 would bring the next day. Tomorrow could bring 15+ IF we have strong market, and continued follow thru with good volume. Cashed in on my Jan 10 and 12 1/2 calls, bought more Feb 12 1/2's. LET'S ROCK N'ROLL.
GO AFCI!!! PAIR also looking much better as well.
Anyone have good info. on PAIR?
Thx,
Rich


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