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Microcap & Penny Stocks : ACRG The Next Big One?
ACRG 5.040+152.0%Nov 28 9:30 AM EST

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To: GARY HUIZENGA who wrote (2)1/24/1997 12:17:00 AM
From: James Randall Ingram   of 49
 
Gary, I bought ACRG in June 1993 for 13/16 and it remained less than that for over three years. Although it has grown to a point where economies of scale should begin to kick in, I think it's unlikely that it will double in only six months. That would put the P/E around 50. Again, I like the company very much as a long-term investment. You might want to look at Scientific Measurement Company (SCMS). I believe it could make a good run in six months. James
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