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Technology Stocks : Applied Cellular Technology (ACTC)

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To: valuehunter who wrote (895)5/15/1998 11:12:00 AM
From: caledonia   of 1062
 
Ditto!

I sold out of all my positions and kissed this one goodbye. I took the loss, but there are many other fish in the sea. The downside risk is too high when you consider the management situation and the lack of any real explanation about what the hell is going on over there. I was spooked and I'm not looking back. Something did not smell right. Like Bob Davis suggested, the last earnings report indicated that the internal problems are beginning to rear their ugly head. Good luck to the longs!
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