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Non-Tech : ACLN Ltd (NASD:ACLNF)

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To: Frank McVerry who started this subject10/16/2001 2:28:34 PM
From: Axxel  Read Replies (2) of 41
 
Upgrade of ASW Rating to Strong Buy [32.25]

October 16, 2001: Axxel Knutson, President & Chief Investment Officer [CIO] of TradingWeapon.com in Warren, New Jersey, an OSJ* office of First Allied Securities Inc., an NASD/SIPC member, today upgraded his recommendation of A.C.L.N. Limited [ASW] from "Buy" to "Strong Buy" According to Knutson, "A.C.L.N. reached our trading target of $50.00 on September 5th. On August 20th, we reduced our rating from "Strong Buy" to "Buy." Given the current trading level of A.C.L.N., Ltd. Now under $35 we feel comfortable in again upgrading our rating from "Buy" to "Strong Buy" with an intermediate term target of about 15% in excess of the recent high of $50.00 or about $57-60. TradingWeapon.com is located at 197 Mountainview Road, Warren, New Jersey 07059 TEL: 908-647-5750. [ASW-32.25]
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