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   Non-TechAssociates First Capital - AFS


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To: cowboyfan who wrote (29)3/28/1998 9:41:00 AM
From: Immi
   of 44
 
i got in about 2 months ago.immi

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To: reg who wrote (30)3/28/1998 9:43:00 AM
From: Immi
   of 44
 
article on www.street.com about shorting associates. regards,immi

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To: Immi who wrote (32)3/28/1998 11:12:00 AM
From: reg
   of 44
 
Shorting is probably being done by people to lock in current price when Ford spins off AFS. That way a price drop will not affect them.

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To: cowboyfan who wrote (27)3/28/1998 2:12:00 PM
From: james bisczat
   of 44
 
Spin-off will add $22 billion to the existing AFS float of $6-7 billion. With F sometimes considered a value driven stock and AFS earnings driven, there is that slim chance the F(value) investor will sell AFS after distribution, causing short-term downward pressure. If this happens, it will represent an enormous buying opportunity. So cowboyfan, my opinion is to keep your eyes pealed for possible short-term bargains- as they are few and far between with this issue.

It will probably take a few weeks for things to sort themselves out. Once the dust settles, all I can see is continued smooth sailing for an autonomous AFS.

JB

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To: james bisczat who wrote (34)3/28/1998 6:29:00 PM
From: cowboyfan
   of 44
 
Yes, we should see some volatility in a few weeks. I bought more last friday at 76 3/4 - still an excellent long term hold plus earnings coming out in a couple of weeks.

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To: cowboyfan who wrote ()3/31/1998 6:11:00 PM
From: Immi
   of 44
 
all: afs is to be added to the sp 500. last chance to get in. Immi

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To: cowboyfan who wrote (35)4/2/1998 11:56:00 PM
From: Immi
   of 44
 
O.K. we are going to be added to the s/p 500 and we take a dip?. Immi

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To: cowboyfan who wrote (35)5/2/1998 12:21:00 PM
From: james bisczat
   of 44
 
Got burned on April 85's. Guess I should have followed my own research which I posted @ SI board #34! Currently holding a few May 80's and now wondering why I didn't jump on the 75's when premium dropped below 1 last wk. I believe May80's to be a good speculative move though.
Hopefully sell-off is over, and AFS can begin to move again on its own merit.

Best of luck!

JB

PS: Any thoughts on announced AFS LEAPS offering? biz.yahoo.com

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To: james bisczat who wrote (38)5/2/1998 11:21:00 PM
From: cowboyfan
   of 44
 
Yea, I know what you mean. I got burned badly too. I bought when stock went to 76 a week or so ago thinking it was the bottom. I got really scared and sold last Wednesday at 71 3/4!!!Ouch!! Next day it was up 2-3 points as well as yesterday. Shoulda held on, but coulda, woulda, shoulda!!! The leaps won't affect the stock price and I am going to pick up a few. There's some really good AFS discussion on the Yahoo message board too..... I'm out of AFS right now and really want in badly. I think AFS will one day be involved in a merger or a takeover. Also, there are rumors that the stock sill split around 90 per share. Good Luck!

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To: cowboyfan who wrote ()10/6/1998 2:45:00 PM
From: Labrador
   of 44
 
anyone else short this puppy?

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