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

To: William King Wrignt who wrote (1782)	2/13/1999 11:37:00 PM
From: P314159d	Respond to of 3299

Hi folks, this company appears on a rebound but the stock has a little more work to do. I like the long term trend change that we have seen, but the weekly chart shows potentail weakness. The overall market should drag it down some. i think I stay with Nick's asessment for 8 to high 7 's for this month. Like other telecoms that got beaten down last year, there should be some more downside.

To: William King Wrignt who wrote (1782)	2/16/1999 12:41:00 PM
From: BMcV	Read Replies (1) \| Respond to of 3299

Your post reminds me that AFCI is still looking for a CEO. Any thoughts on what this very long search means?

To: William King Wrignt who wrote (1782)	2/17/1999 8:41:00 AM
From: Nick Papa	Read Replies (1) \| Respond to of 3299

This all could (should) very well happen in the next few months - new CEO, buyout, etc. But what if they don't get a NAME BRAND CEO? The stock could continue to meander along. A buyout appears to be on everyone's mind, but that too is a speculative approach to trading/investing. In a perfect world, it will all work out. Unfortunately, imperfection runs rampant (and I'm leading the charge). Patience may pay off, but technically speaking, IMHO, we're in a range. Best of luck to all. Nick