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


To: XaviarCane who wrote (1030)1/9/1998 1:06:00 AM
From: Cisco  Respond to of 1894
 
XaviarCane,

Personnally, I don't believe hype by itself would raise this stock in a down market.

Take this thread for example, we have been consistently positive about AccuMed for the past 2 months. We were positive all the way down to Cary's scream at $0.93 per share.

Some would suggest that their is a positive earnings surprise or big news in the works and the smart money is buying. (Disclaimer: I am not personnally aware of a positive earnings surprise or big news.)

Could also just be that the market recognize how cheap this stock is!

As everyone on CNBC has been saying for the last few days, this is going to be the year for the stock pickers! You don't want an index fund this year.

Just food for thought!

Cisco



To: XaviarCane who wrote (1030)1/9/1998 1:24:00 AM
From: Frank Buck  Read Replies (1) | Respond to of 1894
 
Xaviar,

Look at the price/sales ratio of ACMI in comaprison to the other players in this sector and tell me if you think that the share price is equitably valued. The price realignment certainly needn't duplicate the same duration that brought it to these levels! Who do you know or think is hyping this stock? Is anyone on this board? Don't you think that insider buyer activity is accountable for some of the move we are seeing? Do you believe that the Company is hyping itself? Chill-out there XC. Is your pal, Bud with you?

Aside from being a sensitive guy are you a worry-wart too??<g> The important thing is if YOU feel nervous at anytime, pull the trigger. No hard feelings!

Frank