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Technology Stocks : ACE*COMM Corporation (ACEC)
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To: Kerry Lee who wrote (627)11/11/1999 8:09:00 PM
From: Leeza Rodriguez  Read Replies (3) of 852
 
Kerry, GREAT to see you here. In some ways ACEC kinda reminds me of ANCR. Both companies saw torrid price movements a few years ago and then ALMOST bit the dust. ACEC had a 1 day stint under $1 a year ago. Between ANCR and ACEC, I feel like I have earned my warstripes. As you know I bought ANCR ~$6 many years ago, watched it scream to $40 in 10 days and then slowly watched it back down to $2 share. When it touched $2 I remember thinking....'this is the way people make millions'--Of course I was too chicken to do it, but I did hold on to some of those original shares. I have a feeling that you had more courage than I :-).

That experience helped me to be brave with ACEC.

If you ask me this is even more of a no brainer because we already have some very excellent gross margins AND consecutive quarters of profits. As I mentioned further down this thread, using a very conservative PSR= 4, yields a price target of $13 .And BTW- who is this Anthony dude? Should I be afraid or what? ;-)

Another point I've been meaning to mention is that ACEC head count has remained the same for many quarters. Even when the stock price was flirting with the $1-zies , the employees were hanging in there --Also told me that the company believed in the vision of the new products.

I think usage based billing is going to be one of the hot niche themes for 2000...right up there with storage area networks .

leeza
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