SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?


To: orson sanderson who wrote (2080)4/1/1999 11:09:00 AM
From: Douglas V. Fant  Read Replies (2) | Respond to of 3299
 
orson, If you looked at a basket of small cap tech stocks, you'll see that most exploded off of the bottom last October, rose into January, and then retraced about 50% of that upside gain, and then stabilized.

AFCI is no exception as it has followed the same retracement pattern too. So barring any bad fundamental news coming out of the blue, it is more likely that any future surprises here in AFCI lie on the upside, not downside- so be careful if you are shorting this one.....