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

To: Robert Einstein who wrote (1792)	2/18/1999 1:31:00 PM
From: Ram Seetharaman	Respond to of 3299

AFCI is very untimely (per Valueline) now. Management needs to come up with some good news or some analyst needs to rate the stock as way undervalued and a strong buy. Otherwise, the slide will continue............

To: Robert Einstein who wrote (1792)	2/18/1999 2:57:00 PM
From: Nick Papa	Respond to of 3299

I would doubt their technology would become obsolete nor will they just disappear. If they do disappear, it will most likely be through a buyout by a bigger fish. However, IMHO this market is not done with the whip-saw effects and I would expect additional volatility. Technically speaking, you're looking at 4-5 as the next stop. It hit that range back in 10/98 (when the market tanked) and it could hit it again (if the market tanks again). But like before, it didn't stay down there for long (about a month) and it was back up to 7-8 before long. You'll know when it goes if it breaks and holds over 14. Otherwise, it's in a trading range. Sorry to ramble - hope this helps. I wish my track record was as good on my other picks as it has been with AFCI. Maybe I should just trade AFCI and forget about everything else :) Best of luck in this crazy world, Nick