ACCL Message Board - Msg: 4155635

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Technology Stocks : ACCL

ACCL 2.900

+1.4%

Dec 26 9:30 AM EST

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To: AreWeThereYet who wrote (704)	4/22/1998 9:17:00 AM
From: Yuppy	of 720

Hi Andy, For ACCL, I strictly go with technical analysis. The volume/price movement the last two days seem to suggest positive news ahead. Yesterday it was able to break the $4 7/8 barrier on relatively heavy volume. The bid now has moved up to $5 1/8, up from yesterday's close of $5 1/16 (as of 9:10AM EST). I feel that the past few contracts should add to the bottom line of ACCL. The last quarter I felt that $3 1/2 was a solid support. Now I feel like $4 1/2 would be very strong support level. Thus I see little downside (from $5), but a lot more upside. Also the company seems to improve their earning as they begin to cut their losses (from -14 cents/per share to -3 cents/per share). It may show positive earning this quarter (2 cent expected). Additional EOM contracts is also a possibility. I need to study STBI and NINE and will get back to you.

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