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Technology Stocks : ARC (ALRC)-A revamped and transformed web-centric IT company -- Ignore unavailable to you. Want to Upgrade?


To: The Flying Crane who wrote (69)7/27/2000 4:31:31 PM
From: Tom Hua  Read Replies (1) | Respond to of 87
 
I really can't and won't read much into that statement. I'm so darn busy but I'll try to hook up with Ray Hipp real soon and let you know.

Regards,

Tom



To: The Flying Crane who wrote (69)7/27/2000 5:15:24 PM
From: If only I'd held  Read Replies (1) | Respond to of 87
 
They trade at roughly 1/10th their revenue. There was a fund that sold out a little while back..which is what caused the stock to drop to 1. (well, not exactly) They got robbed as far as I am concerned. 50 million is a decent amount of debt, but 5 million shares sold at 10 in a secondary could wipe that out real quick, and that would still only be .5 times revenues. Not saying that is what's coming, but it's not like it hasn't been done many many times before. this company does more revenue than a lot of multi-billion dollar companies out there and they have just scored 4 new deals wham bamm bamm in the past couple weeks. Somebody is busting ass at ALRC.

All I can say is...I hope that fund manager that decided to sell out of ALRC didn't do it to chase the techs...LOL

By the way....the 1 print was a fluke...and it was caused by me. I don't think it would have hit 1 without me. I won't explain. You just have to beleive me.

P.S. They BEAT estimates by over 14%. I say it springs right back real quick. Depends on what AG Edwards does with his inventory he has been accumulating the past 2 months.