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

To: orson sanderson who wrote (2055)3/31/1999 6:56:00 PM
From: Doug Moulton  Read Replies (1) | Respond to of 3299
 
Isn't it curious that the end of the quarter ends with a rumor. Could it be that someone wanted to boost the price so that his/her fund wouldn't look so bad due to big losses on AFCI?

Just a thought!

Doug M.



To: orson sanderson who wrote (2055)3/31/1999 9:56:00 PM
From: Techplayer  Read Replies (2) | Respond to of 3299
 
Orson,

It sounds like you may not have covered the short that you mentioned on 3/21. Any sort of news in terms of major vendor contract makes this stock worth more than 9-10. Falling like a rock? News comes out and this stock slowly crawls to 13 or so. That is the place to short, not at 8-9.

Brian


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