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: bazan who wrote (2650)	3/8/1998 12:32:00 PM
From: Mr. Pink	Read Replies (2) of 7054

Mr. Sanchez: Just a word of humble advice from a renowned stock picker featured on Dow Jones Newswire and about to appear in another internationally acclaimed publication. Technical analysis is for turds. The only way to make money in the stock market is to study fundamental analysis. Get your arms around the valuation of the enterprise to start with. Market value plus net debt. For example ACRT trades at around a $100 million valuation. What do you have? 6 guys sitting around a boiler room outside Penn Station, a travel agency that makes no money, an "international trade business", actually an air conditioner rep company and a sliver of earnings (about 200k a quarter and trending down in the last quarter) from a twist on factoring called a TAD. It is hard for most people to conceive of One Hundred Million Dollars but it is a lot of money and a big valuation for a business that generates so little profit and has a book value of only $18 million. Leave your rulers and charts at home and focus on the numbers, it has always helped mr. pink, renowned investor featured on Dow Jones Newswire and in the long run, it will help you. Cordially, Mr. Pink, investing celebrity.

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