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Non-Tech : Action Performance....ACTN

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To: CMon who wrote (150)5/8/1999 8:36:00 PM
From: Stoctrash   of 278
 
At a PE of 20...I'd hardly call it "one time Star wars promote"...as far as the internet hype, well they just opened their site last quarter and from what I'm seeing the hype has just begun!!

If you want hype go short some Net stock with no earnings or some chip stock with 150 PE. I'll tell you again...you're gunna get smoked shorting this thing. Once it breaks 40 again..it's all over.

BTW....you shorting RACN too...?

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ACTN filing...Fidelity owns a bunch..
freeedgar.com
Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-
2(b) and the person filing, FMR Corp., is a parent holding company in
accordance with Section 240.13d-1(b)(ii)(G). (Note: See Item 7).

Item 4. Ownership

(a) Amount Beneficially Owned: 2,018,301

(b) Percent of Class: 11.929%

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote: 135,900

(ii) shared power to vote or to direct the vote: 0
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