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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: Jonathan Cleveland who wrote (5479)5/12/1998 7:32:00 AM
From: Mr. Pink  Read Replies (2) of 7054
 
What with all the focus on the criminality at ACRT it's so easy to forget that the fundamentals are so poor.

To wit TAD net income has actually declined over the past 3 quarters:

Year over year revenue gains mask a disturbing picture of meager and deteriorating TAD Net Income. Read in 10Q.

3/98 145k
12/97 164k
9/97 207K

Net margins dropped in half from 1.9% to razor thin .9%.

Thought this was a growth business. Guess so if you're standing on your head.

The long baboons will attribute this to expenses associated with growth. But the company has said in its Q that rent is only around $600/ month. How much could the monkeys cost that make the sales calls?

Nah it just ain't that profitable of a business and the crooked accounting that overstates revenues makes it look bigger than it is.

mr. pink, Factoid Merchant
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