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Non-Tech : All American Food Group(AAFG) -- Ignore unavailable to you. Want to Upgrade?


To: Vincenzo Sallustio who wrote (573)3/19/1999 10:23:00 AM
From: Jim Spitz  Read Replies (2) | Respond to of 618
 
I could see the momentum fading last night. I got out this morning at a slight profit from last year's buy. The chap 11 was necessary to protect the company during refinancing negotiations. It is what kept it alive. I think the stock will recover. I am seriously thinking of getting back in later after the stock settles some. When they announce the official end of the CH 11, and their financial information, the stock should have a healthy jump. The opening of the web site next week could also provide a jump up. Hard to call specifics. These are my thoughts. Use them as you will. jimS



To: Vincenzo Sallustio who wrote (573)3/19/1999 10:32:00 AM
From: WEBNATURAL  Respond to of 618
 
What is killing the price right now are the momentum players and they don't want to lose their profits for the week they have been in. Chapter 11 has been here all along. We will get higher prices but some of us may get burned in the current squeeze. My 100.000 share example has lost $29,000.00 just today! I'm glad for the pipedream this week, but, I will hold for the long run. You can buy and sell now but you can lose a lot of money untill this settles if you chose your timing wrong!
I'm not going to put a $ figure on it till this flushing is settled.
I know better! Best of trades!