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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock

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To: CalculatedRisk who wrote (1303)3/30/1998 8:56:00 PM
From: Pancho Villa   of 1518
 
IMO we will soon see sched. 13's filled for reduction in holdings. IMO fidelity's new millennium has been dumping. This will accelerate the decline. They don't call it accelerator for nothing:-)

Don't be deceived, this puppy may be run up by hype but it will eventually trade in the low single digits. y2k 21 months away now. The last development consulting project I worked in took about this long, thanks in part to client's negligence which abounds in the business. Check and see what the chances are for ACLY to clear earnings equivalent to its market cap within this time frame. Will keep my regular position and only add to it if it runs up on hype.

Pancho
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