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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: Mr. Pink who wrote (1674)2/22/1998 1:16:00 AM
From: Z man  Read Replies (1) of 7054
 
Wait a minute come back to reality...London Forfaiting is in the same business.. they have 157 employees and annual sales of $ 3 billion.. annual sales per employee is $ 19 million. Last quarter Acrt had $ 8 million per employee or $ 24 million annually in comparison. Acrt has margins of 4.7 % vs 2.0%. Difference being the TAD vs notes, Now by end of June ACRT will have 30 employees selling TAD's. So let's say they only do as good as LCF. 30 times 20 million = $ 600 million @ 2 % is 12 million or $ 1.50 per share at the Dow eps that makes it worth $ 30. But their earnings are twice that. So they drop from 4.7 margins to 4.0 that makes them a 50 to 60 dollar stock. The market out there is $ 80 billion so there is room for everyone. We are not talking about 3 years from now we are in the 1-2 year time frame.

Finally if this is not true why has institutional ownership gone from 8.9% in December to 14.9 % in February. Almost double.......
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