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Microcap & Penny Stocks : Accelr8 Technology (ACLY)

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To: Allan Hyman who wrote (90)2/22/1997 8:45:00 PM
From: Dominick Amorosa   of 149
 
I checked the chart on OLGC and found it very interesting. Stock shot
up from ~3 to 26 WOW and is now stablizing around high 5's. I intend
to check out the financials and message boards to see what happen. Did
you buy any? I see the same situation with another stock named Farallon
Communications (FRLN). They are an internet help desk service stock
similar to Clarify, Remedy and Peoplesoft.Stock is presently at around 5
I got in at 6.25. The value and cash position of the stock is very close to
what its at now.There's only a 2 million stock flost and the company
maybe buying back some of the public stock. Plus they fear that they maybe a
target for and unfriendly takeover. If this stock does even a quarter
of what the above mentioned stocks did -I be happy in pig shit. Well
got to run. Hope to stay in touch.
Dom
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