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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: Jonathan Cleveland who wrote (205)1/24/1997 10:22:00 PM
From: Jonathan Cleveland   of 7054
 
Investors business daily gives acrt eps ranking of 99 and relative
strength ranking of 99 that is as good as it gets, you will not find
anything better. Cisco systems dosen't even rate that high, this
is a profound point that should not be taken lightly. Any serious
investor reads investors business daily and they will notice the
ranking, also investors business daily also lists institutional
ownership and management % owned institutional ownership has increased
over the last two weeks. Their earnings will be out on Monday
and their earnings will be 5 cents compared to 3 cents, they will
be takeing a couple of charges to do with the private placement
and the amount of shares outstanding will also increase so this
will bog down earnings just a tad but not of any significance, the
key point is to look at their tad revenues, Actrade has been doing
1,000,000 tad's spread over 6 months so the company is takeing off
the only risk is that management can't manage a company that is
growing at 150% quarter over quarter interms of revenues from tad's
this is not your averge finace company, this company is rare!!
The risk is there, but so is the growth and if you wan't growth
you have got to pay for it. They are expecting to grow at 75% annualised growth over the next two years but their p.e is less then
75 i.e they are undervalued intems of their growth rate.
Actrade is still a buy.

best
J.C
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