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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock
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To: Mr Logic who wrote (1394)7/22/1998 8:02:00 AM
From: Pancho Villa  Read Replies (1) of 1518
 
10Q out. They go through great trouble to fcus on nine month results. When you look at results for the quarter you see sequential revenue growth of only 5% while receivables grew by 26%. Earnings were flat vs. previous quarter of only .14/share. I covered half of my short position at 10 and regret it. Will reshort if I ever see it over 10 again. Market cap of about 80+ million and with only 16 months to 00 and don't see their earnings for 98/98 combined to be more than 20 million and this is EXTREMELY optimistic!
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