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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 41.25+10.0%2:27 PM EST

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To: Stock Watcher who wrote (27)1/18/1999 2:20:00 PM
From: hoffy  Read Replies (2) of 52051
 
>>>FIRST NEW ADDITION TO INDEX: ACTC - HOFFY'S PICK (the same Hoffy who brought us VTCO); P/E 23; earn. .15/last 3.43 on 450K shares/range 1.50 - 5.50/Chart moving up from 1.50 in Sept. 98'/recent news: alliances formed with: Amerilink, Compucook & Inteletek/revenues up from 72M to 151M for same 9 months 97' & 98' respectively. Net income up from 2.6M to 4.6M.

Insider buying since 9/98. BUY rating from Ladenburg Thalmann/STRONG BUY from Zacks. 650 employees/33.8M float. Thanks Hoffy !<<<<<

Stockwatcher: You left off the most important reason why I love the stock and why I think it will fly and possibly double or triple or more very soon. They are opening up a computer superstore on the web sometime in January. Once the anouncement of the exact date comes out and the site opens this stock will get recognized. Once that happens a lot of people will then see how undervalued it is. Someitmes companies go unnoticed until something brings it to the attention of wallstreet. Well, ACTC has gone unnoticed but will get the publicity once the site opens. That's what will trigger the buying.
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