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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock

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To: The Ox who wrote (1284)3/26/1998 4:28:00 AM
From: Mr Logic  Read Replies (1) of 1518
 
Michael,
>> I recommend the short consider covering...<<

I have been short this stock since 25 1/2 and would not consider covering at the moment. I really feel that the 'long money' has been made on this stock (it has for people like solution who have taken real profits anyway) and it will be a downward drift from here. I predict that this will be a bad quarter for ACLY, by which I mean revenue/earnings numbers no higher than last quarter. Undoubtedly this would be announced as a high % increase compared to 12 months ago but everyone knows that's not the point now. The downside risk of bringing in numbers rather lower than last quarter is still there of course.
P.
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