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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Mitch Menik who wrote (106)1/3/1997 1:13:00 AM
From: Jonathan Cleveland   of 7054
 
Mitch,

Mitch,Mitch,Mitch,

Everytime that I mention something about actrade that is
negative you fight back. I love it!!! keep it up.
Growth rate, if there is one thing that I have learned in this
business is that when people talk about stocks being under their growth rates it is usually an excuse to make people buy a stock that
is overvalued p.e 40-50. Growth rate=? Earnings and revenues are what
matters, forget about growth rates, I could care less. Growth rates
means nothing!!!! Why would I wan't to buy actrade at close to 50
times earnings when I could buy a more established company like
ciso systems or green tree financial at less than that.!!
Do I think actrade is overvalued? yes I do!!! If there are any
individual investors out there reading this, Mitch, and Actrade
are good decent people from what I know of them, but nothing
is as rosy as investor relations or John Chew tell you or any
bodey else says.There will be bumps in the road remember that. Don't fall in love with Actrade.

Your freind

J.C
keep your feet on the ground!!!!!!!!!!!
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