Applied Cellular Technology (ACTC) Message Board

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Technology Stocks : Applied Cellular Technology (ACTC)

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To: Mrski who wrote (33)	5/12/1997 4:32:00 PM
From: STEVE G	of 1062

Mrski , I received a research report on ACTC over the weekend . It is from Dominick & Dominick . They have a buy rating on the stock . Here are the estimates for the year 97 Sales 79,142,000 EBIT 4,517,000 EPS .30 Shares 7.4 million Long term debt ( 12/96 ) 1.2 million Insiders own 36.7% of stock TARGET PRICE ( over next 12 mo. ) $ 7.00 to $ 10.00 I feel that IMHO this could easily be reached . This does not include any more acquisitions . One thing they may need is additional funding according to this report . Also the company's continued success will depend on its ability to remain profitable in the face of the market they are in because it is Highly Competitive . Any comments anyone ? STEVE G

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