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Technology Stocks : High Growth Techstocks for 1998 -- Ignore unavailable to you. Want to Upgrade?


To: White Shoes who wrote (163)12/30/1997 8:55:00 PM
From: SirAlexx  Read Replies (1) | Respond to of 598
 
ACTC, Applied Cellular Technology is a prime candidate for a move in 1998;

After sales of $20 million in 1996, ACTC is tracking over $100 million in sales for 1997;

Their expected earnings for 1997 are near the .30 cents per share area,
and the companies CEO, Richard Sullivan recently predicted
$250 million in sales for 1998 and
$500 million for 1999.

Their startegy consists of internal core growth, and growth thru acquisition;
16 acquisitions in the last 16 months. Quite a feat.

The stock is currently struggling below $5.00 down from an unsustainable high in the 9's, while insider selling is being absorbed by a weak market; ( the result of stock given to the former owners of the acquired companies).

marketguide.com