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Non-Tech : ACLN Ltd (NASD:ACLNF)
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To: drirak who wrote (14)10/12/2000 10:51:39 PM
From: Frank McVerry  Read Replies (1) of 41
 
drirak,
Just saw your posts (I don't check here too often these
days). I think your reasons for buying ACLN are much the
same as mine. The stock price seems to be in its usual
mid-earnings period of weakness, but the company's recent
news is very positive - basically an 'early warning' of
record earnings. I think the present price represents a good
entry point for anyone thinking of opening a position.

It seems to me that the outlook for their business model
continues to improve - the client countries are growing
richer from ever-higher oil prices, while the European used
car supplies increase and their prices fall. Here's
something I found about plummeting used-car prices (in the
UK), due to lower new car pricing from the European
manufacturers such as Volvo, Vauxhall and Mercedes.

telegraph.co.uk:80/et?ac=000339813435595&rtmo=lnHwSwSt&atmo=99999999&pg=/ixcmoney.html

FWIW,
Frank
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