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Technology Stocks : Acxiom (ACXM)
ACXM 48.48-1.9%Oct 1 5:00 PM EST

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To: vibaby who wrote (73)1/10/2000 8:50:00 AM
From: Cameron Dorey  Read Replies (1) of 92
 
I haven't seen any reason for Acxiom to go down in the first place, so that action was a mystery to me. The company is doing great, you might remember the 5% reduction in workforce a little while back, well, I understand that those jobs have pretty much been added back through new hiring. Business is going good. Probably one of the most telling things about the future of the company is that Charles Morgan took out a $19MM bank loan around Thanksgiving to buy a million shares on the open market. He said he did this to inspire confidence in the stock. (There was a big article about this in the Little Rock paper) Putting your money where your mouth is never hurts, and maybe this started the rise we have seen since about the first of Dec.

Cameron
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