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


To: Nick Papa who wrote (1790)2/18/1999 1:03:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 3299
 
Nick, Looking at the chart, the $8 range looks to be a pretty solid resistance level.....



To: Nick Papa who wrote (1790)2/18/1999 1:09:00 PM
From: Robert Einstein  Read Replies (2) | Respond to of 3299
 
At this rate of decent we should be at $4 before the month is out .

However, AFCI is not alone . There are hundreds of stocks, especially small tech stocks that have just had al support pulled out from under them.

Nick ,I read this board regularly and I think this is my first post. I have a big position in AFCI and a time horizon of one yr. Their technology will not become obsolete , will it? I mean they will not disappear will they ? You seem to have a handle on this thing, how low could we go if it breaks $8.
Sincere thanks
Robert