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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who wrote (5813)7/19/2000 9:07:27 AM
From: Bald Man from Mars  Read Replies (1) of 24256
 
<<ACLS headed lower before higher. I'm looking for a bottom near 20.>>

ACLS reported earnings on Monday of 27 cents, assuming there is no growth (which is ridiculous), it is well over a buck of yearly earnings, at a price of 25, it is sporting a PE of less than 25 ...
yesterday in a weak market, it closed up more than a point, so I don't think this one is heading into 20 ...
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