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Advanced Fibre Communic. (AFCI) Message Board

  • STOCKDOX STOCKDOX Jun 30, 1998 7:26 PM Flag

    Maybe she will hold 17

    Stock is trading in the teens in aftermarket
    trading. No telling where it will open. Even the Anal-ysts
    were shocked by this one. This is one of those
    nightmares you hope you never have. Stock is full of
    momentum players who had no idea there was any trouble. I
    Know some institutions who are big time holders of
    AFCI. Everyone is shocked and everyone wants out. I
    guess the CEO know his gig was up and arranged an exit
    before the announcement. AFCI problems appear to be
    worse that just a missed quarter. I got lucky I got out
    2 weeks ago. No reason but it just didn't feel
    right to be in the stock and I had already made a lot
    of money in it. Looking at the chart it looks like
    the stock will hold 17 to me. Very Sorry for all that
    are long. :(