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

To: P314159d who wrote (1797)	2/19/1999 12:29:00 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 3299

P3, I just reviewed the calculus-related technical indicators for AFCI and note the following: the Fast (10) and Slow (9) Stochastics flash very oversold; the Power Rating (+67) and Wilder's RSI Rating and the OBOS % indicator all are flashing buy signals as of tonight. The Bollinger Bands are in around the 44 level currently. Usually you have to compress bands into a rating of less than 20 to get a sharp price move on any stock in either direction....So I'd call the Bollinger bands reading neutral as of tonight. From a relative strength perspective AFCI is neutral; however accumulation of the stock appears to have commenced once again about two days ago.. From a chart perspective it looks like we are forming a series of ascending triangles.... Fundamentally CIEN released earnings and beat estimates- that should help the mid-cap telcomm equipment makers generally... Sincerely, DougF.

To: P314159d who wrote (1797)	2/19/1999 8:49:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 3299

I can't imagine AFCI ever seeing $4-5 again.....I seriously doubt $7 but anything is possible.<g> Either way those are levels I wouldn't have a problem buying heavily. My trading range is still 8-12 post 1800.....is $18 that far away? 6 mos.??? Jeff

To: P314159d who wrote (1797)	2/19/1999 9:13:00 AM
From: Ausdauer	Read Replies (2) \| Respond to of 3299

TA indicators show strong support at $0.00. Ausdauer

To: P314159d who wrote (1797)	2/19/1999 11:29:00 AM
From: Nick Papa	Read Replies (1) \| Respond to of 3299

First, I'm no TA expert, so what you read is just one (of many) interpretations. This is not gospel here, but one person's opinion. If you look at the Bollinger Bands, they're diverging, which typically means no big movement (up or down) in the Short Term. No clear indicator for the Long Term so I won't try to predict it. Stochastics (which help forecast and are good for trending stocks) are at rock bottom (Short Term) and are headed south (Long Term). These have a way to go, which means that we could easily keep going down. More important (IMHO), the OBV and Money Flow is also degrading (fairly rapidly). Finally, the MACD has been heading south for quite some time (Short Term) and is now turning south (Long Term). Don't forget, since mid-Jan, the Volume has also been weak. These are the indicators I've used in the past and have served me well, but there are many others. I would tend to agree with you on the Long Term trend; if I project it out (as it appears today), we're going to test the 4-5 range. However, if it can hold 7-8, then I think that would be the bottom and it's up from there (not sure how long 'up' will take). Given the nervousness of this market, anything could happen. Other 'tea leaf' readers are needed here. Best of luck to all, Nick