ACRT about to move to new highs Message Board

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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: Frank Sprenger who wrote (11)	9/5/1996 6:58:00 PM
From: Michael Carey	of 7054

It never hurts to take a profit and you may well get back in at 4-41/2 .4th quarter TAD was 106k to net income but don't forget that overall the company had rev increase of 40% and EPS increase of 150%. Those kind of numbers justify a higher PE.At $5 a share based on 1996 earnings the PE is 35.7 . If the company grows at the same rate in 97 the EPS should fall around .24 for a projected PE of 20.8 . I'll check with the company about patents. I do think a lot of this business is laying the ground work and establishing a customer base.

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