ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: Ryan Plovie (Hijacked) who wrote (1671)	2/21/1998 9:34:00 PM
From: Mr. Pink	Read Replies (2) of 7054

Master Plovie: TAD's are not "worthless" per se. Just not worth $100 Million. Think about it. You've got the trade business doing about $4mm a year pretax probably worth 5--6X, say $25 MM to be generous. You've got about $125MM market cap. subtract the air con bizz. Implies you are paying 100mm for the TAD business. Last quater it generated about 200k in pretax or about 800k annually. Say it doubles the next 3 years to 3.4MM. It ain't worth 30X EBIT 3 years out. Just Mr. Pink's way of looking at it and it has served Him well. Add to that Spazz Melnik's gambling school Elizabeth Melnik, the CFO gone AWOL and Aharoni's well-documented legal problems and aren't there better ways to make a living? Best wishes to you. May Mr. Pink be so bold as to suggest you read a book by Joel Greenblat called: "You can be stock market genius, even if you're not that smart" Please don't be offended by the title. It is an excellent book and might help you make good business decisions in the future. Mr. Pink

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