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Technology Stocks : Applied Cellular Technology (ACTC)

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To: Jason Waln who wrote (847)3/30/1998 3:09:00 PM
From: KEVIN BERGER  Read Replies (2) of 1062
 
I still own some shares that I bought at 3 1/8..I have considered buying more every time we get near $4, but I can't get myself to raise my average cost..I still think this is a $7-10 stock as stated by many people..I have a couple of other stocks that should be paying off within the next 2 months, which will free up alot of cash..If ACTC is still down I'll buy...
As for this Q's earnnings, The way I read it is they took a $.13 one time charge..If you take out that charge,earnings at $.14 not $.01..
I tell you, I sure am tired of these companies and their "one time charges", but it really isn't a big deal..Since these are year end #'s, we should be having a record quarter (Q1) being announcve in the next six weeks...This gives me some time to buy more...
Do you know when they are supposed to switch to NASDAQ? Isn't it supposed to be soon???
God bless
kb
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