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Technology Stocks : Acxiom (ACXM)
ACXM 48.48-1.9%Oct 1 5:00 PM EST

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To: Mr. Jones who wrote (9)1/22/1997 2:34:00 PM
From: Michael L. Bland   of 92
 
Kevin, Nice little rally so far today bid 17 3/4 ask 18 up 1 1/4. I just found the following news on Prodigy...I'm sure it has something to do with this most recent upward movement in stock price...

1/21/97 Stephens Inc. Ups Acxiom Corp. To Strong Buy From Buy >ACXM

NEW YORK (Dow Jones)--Stephens Inc. upgraded Acxiom Corp. (ACXM) to strong buy from buy.
In a research note, the firm said the stock's ''recent price decline after a solid quarter does not reflect the fundamental value of the stock.''
Stephens said it expects Acxiom to have long-term earnings growth of 25% or better, which could be a conservative estimate due to the company's potential for acquisitions, its new contracts and the potential from data products.
(END) DOW JONES NEWS 01-21-97
10:34 AM
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