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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: Doo who wrote (121)1/3/1997 3:19:00 PM
From: John Chew   of 7054
 
Dear Jeffry:

I am an analyst at Taglich Brothers who has written two research reports on Actrade dated July 19 and Nov. 21. My July report gave a buy recommendation when ACRT was $3.5 and my Nov update report gave a buy recommendation at $6.5. My reasons were given in my reports.
If you want a copy, you can reach me at 1-800-456-1220, ext.-139.

I also helped raise $3.3 million in a private placement stock transaction. I do own some restricted PP stock which is restricted for two years. So, if ACRT trades up to $15 or $3.00 I can't sell any
stock. Promotion doesn't create long-term stock value, only increasing cash flows over and above the company's cost of capital.
I have no other relationship with the company--no warrants, consulting agreements etc. I agree that if a company is more interested in promoting their company more than operating their business, mthen avoid that company. I think ACRT is the opposite situation. Look at the operating results. And really knows ACRT well? Not many.

Mitch is the investor relations officer of ACRT. He has been posting to answer investor's questions. However, I have suggested that he not post anymore because some investors might misinterpret his comments.
I have not read all his postings, but he has never suggested to any investor any particular action.

I do not think many institutions even understand ACRT's business.

Regarding WTEC, carefully read their 1995 and 1996 annual reports. and aPOST /investor/sreply HTTP/1.0
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