American Coin Mrch (AMCN)-High Growth Vehicle Message Board

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Non-Tech : American Coin Mrch (AMCN)-High Growth Vehicle

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To: LoLoLoLita who wrote (52)	11/9/1998 6:17:00 AM
From: stockster	Read Replies (1) of 68

Hi Lo, I too only use limit orders, but I didn't think that AMCN would break $9. Now I am hoping that it doesn't break $8. I did a lot of DD the last few days on this stock, and the more I read, the more I think that buying it was the right move. I would be troubled by a possible .05 EPS because they have several more acquisitions lined up. At some point, AMCI will be over leveraged and earnings will suffer badly. However, if there is less goodwill to manage, then I look for this stock to return to the $13 to $16 level real soon. I guess we will know in a couple of days. By the way, their website is really enlightening. Stockster

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