Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Ryan Weisman who wrote (703)	12/17/1997 7:05:00 PM
From: Frank Buck	Respond to of 1894

Ryan, Be careful what you wish for,...it may come true. Are you prepared to face the decision you will eventually have to make regarding the timing of when to sell when the stock goes up? Think of the agony! Should I sell at $4 or will it go to $6? Just let the sellers run their course. You-nor-I-nor-AccuMed can stop a loose freight train. We wouldn't get in front of it were the sentiment going the other way. We believe that the future is optimistic. Obviously the selling is way overdone according to our analysis. As they are in some other companies that I own. That doesn't mean that they were the wrong choices for the longer run. Ask yourself one question, "would I buy at these levels?" If you can answer unequivocably "yes" then you have good reason to believe that the sellers are making a bad maneuver. Will they be back? Probably after the selling abates. When will it be? Who knows, this week, this month, this quarter, next quarter, fickle aren't we? We want it our way, (commercials told us that we could have it that way-BK) and we want it now (Queen)! Forget about the fact that we are talking about doubling or trippling or quadrupling ones money in a very short time. It is never fast enough. Paper losses are not fun. As a matter of fact I hate them,...however the markets are often an emotional non-logical "crap" shoot most of the time. We do our due diligence to lessen the amount of time we spend deliberating, wondering, second-guessing ourselves. Why are you off of the beaten-path? Why are you at this thread instead of IBM or MicroSoft? Because in your wisdom you believe that you have detected a glimmer of light coming from a a dark stone called AccuMed. Your belief was that others would buy after you made your determination that there was value in that little gem called ACMI. You/we all believed that we determined early on that this Company could develop into a "decent" market player in their field. When did we hope that it would happen? You want it when? Well show me anyone that can consistently pick them up right before the mad rush by all the institutions and retail investors and I'll show you someone who buys story stocks and momentum stocks and has an awful lot of luck. I know how it feels, believe me! I need a shoulder now and then. Tomorrow is always a new day where one little release, one piece of news could make all the difference. Imagine those who have thrown in the towel at these levels? How they must anquish, "did I time it right" "was I premature" "what if it goes up soon" ? The cycle has to play its course. No-one tells the wind which way to blow. Hang in there-Ry Guy. Remember there are none so blind as those that refuse to see. Obviously we are dealing with some mighty emotional feelings to be selling at these levels. When people lose money the only thing one thinks of is stopping the loss. Someone or some institution is buying at these levels. Perhaps even Market Makers getting ready to load their inventory coffers. Obviously someones loss is expected to be the newest buyers gains. Frank

To: Ryan Weisman who wrote (703)	12/17/1997 11:49:00 PM
From: Cisco	Respond to of 1894

Hello Ryan, Sorry for the late response. I have been out of state today at meetings in Indianapolis. Just now walked back in the door. I see it wasn't the greatest day for ACMI stock prices. I knew we were in for a long day when I saw the sell off on 80,000+ volume during the first 5 minutes of trading today. Anybody out there have a level II trading station that can tell us how large the blocks of the sell off were early this morning. Kinda strange that the # of trades aren't showing up today on sites that usually have that information. Ryan, I am not sure at this point of the time table, but I firmly believe we will be rewarded well sometime in 1998. I noted today that Thomas has upgrade Insider trading index on ACMI to Neutral and S&P has upgraded it to favorable. Some of AccuMed competition hasn't been so lucky. Five executives of Cytyc Corp. (CYTC) sold 129,282 shares between Sept 8 and November 5 @ $24-$25 each while four other insiders filed 144 to sell 50,100 additional shares. It hasn't gone unnoticed by the analysts either: thomsoninvest.net Believe it our not I have never taken a look at CSCO. Didn't even think about it when I chose my pen name. Cisco