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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Redhead who wrote (442)	2/5/1998 2:02:00 PM
From: lostmymoney	Respond to of 29382

Sandra and Red, Make sure you use stops as sergio taught me. BAAT was up to 3 1/16. Up 60% in a couple hours. Now back down. A two day 300% for some. Mike

To: Redhead who wrote (442)	2/5/1998 2:08:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 29382

ACRT.... >>>Re: ACRT What I don't understand is why this stock didn't go thru the roof. I am missing something here but were not these earnings fantastic?<<< ********************************************************************* Red: ACRT has been dipping through one Moving Average after another... If you add the last four Qtrs of EPS you get .36... That represents a P/E of about 50... Maybe there is some profit taking... Zack's likes it.... dailystocks.net With EPS est's TY for .55, the P/E is a more reasonable 32... If we use next year's .85 EPS est we get a projected P/E of 21... If ACRT continues its growth rate, the current short term correction will be viewed as a buying Oppty... If ACRT stumbles, the current Technical activity will be viewed as an advance warning signal... Right now I'm leaning toward a buy if it closes at or above 22.75... Jim