SI
SI
discoversearch

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.
Technology Stocks : ACNS: American Communications Services -- Ignore unavailable to you. Want to Upgrade?


To: Ruth Macellari who wrote (85)2/9/1998 10:58:00 PM
From: Satalink  Respond to of 102
 
It's a good stock to have. I just thinks it's a bit over rated. Today was a warning that should not go unheard. That's my opinion. If I where long on this stock since about 8 or so, I wouldn't worry about it. But if you're in at say over 13, I'd keep a close eye on it and would definitely put stop losses in place. I hate to see anyone get burnt. I'd put a stop loss at 14 1/2 depending on where you got in. But if it breaks 14.5 I would say that it is (in you case) in danger of doing a stairwell decline, all-dependant on up coming news. My opinion is that this is a fine stock to own for the long haul. But, that's not my style.



To: Ruth Macellari who wrote (85)2/10/1998 4:37:00 PM
From: Satalink  Read Replies (1) | Respond to of 102
 
Tomorrow I think will be a possitive day. ACNS closed pretty low and the other CLECs that I track ended on an up note. I covered my short today and bought a 1000 shares to play with for tomorrow. ACNS has closed very close if not dead on the 30 day moving average. There's about a 75% chance that tomorrow will be higher by my books.

Good luck,
Satalink