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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock

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To: Mr Logic who wrote (1410)7/27/1998 1:23:00 PM
From: The Ox  Read Replies (1) of 1518
 
My first reaction to ACLY's price movement is that if I were short, I would get out of my position BEFORE earnings. The shorts have been right on target and this stock has fallen to the level where I would be cautious.

No news is not necessarily bad. Not great either. I agree that Market Cap still seems very high for the revenues this company generates, but a solid bottom line showing on earnings day could reverse the price trend in a hurry. This stock with it's small float could pull another move like it did at the end of 1996.

I guess it all depends on your time frame and your patience level.

Good luck,
Michael
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