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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (7763)	12/3/1997 7:13:00 PM
From: Pancho Villa	Read Replies (2) \| Respond to of 9285

TO ALL: A positive piece on ACLY on thestreet.com: A small sample plus the link: thestreet.com Top Stories: Accelr8's Blowout Earnings: A Glimpse of Y2K Future? By Cory Johnson Staff Reporter 12/3/97 5:40 PM ET In the last 12 months Year 2000 stocks have gone from sketchy concept to overvalued joke to pricey play. But Tuesday's blowout earnings from Accelr8 (ACLY:Nasdaq) might be a sign that Y2K stocks are about to take yet another weird turn -- this time, toward profitability. ....... Accelr8 makes money two ways: through software -- the sale and licensing of tools for Y2K remediation -- and services -- Accelr8's employees doing that work. In the last quarter, Accelr8's revenue was heavily weighed toward product sales, at $1.3 million, with just $379,000 coming from services. Geimer says that they'll both continue to grow, and that services will really start to take off in the next year. "These earnings are just a strong confirmation that their business is starting to take off," says Avalon analyst Mike Harrold. "I hate to say their business is starting to accelerate, but everything is clearly on track for this company." This could be the first sign that the ice is starting to thaw in Y2K's winter wonderland. "When you look at this revenue starting to come on line," says H.C. Wainwright analyst Alex Arnold, "and you look at the beat up valuations of these Year 2000 stocks right now, it's creating a real buying opportunity." I like the part on beaten up valuations! pancho