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


To: KM who wrote (1808)2/19/1999 2:11:00 PM
From: ron handlin  Respond to of 3299
 
we are trying to find a bottom, but its shakey
pray the yahoo and amazon boys make trillions
it is where this stock will get momemtum



To: KM who wrote (1808)2/19/1999 2:23:00 PM
From: Douglas V. Fant  Respond to of 3299
 
Trufflete, Check my post from last night about six messages ago. Although AFC's strength is neutral currently a number of technical indicators are flashing a buy signal, and the stock is under accumulation again as of two days ago....We look like we are trying to form a series of rising bottoms on this stock. Let's see what happens. This could nicely confirm the uptrend....

BTW, there is a very little short position this stock, so I think we are seeing a true jockeying amongst optimists and pessimists here. I bought more at 10 11/16ths and the bought more at 9......

Also go review CIEN's conference call and take note of CEO's comments on telcomm equipment demand moving forward....

Sincerely,

Doug F.