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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (1674)	2/21/1998 10:04:00 PM
From: JessiDani	Respond to of 7054

Just my two cents: I sold shortly after Mr. Pink arrived. I made nice money in my three years of ownership of ACRT. Thank you. The chart is bad, bad, bad. I wouldn't go near this stock even if I didn't know about the potential problems, stink, etc. There are many other stocks to buy, trade, etc. Check them out. Regarding fund ownership: Which funds owned Bre-x? How well did they do on their investments? Good luck to all. JD

To: Mr. Pink who wrote (1674)	2/22/1998 1:16:00 AM
From: Z man	Read Replies (1) \| Respond to of 7054

Wait a minute come back to reality...London Forfaiting is in the same business.. they have 157 employees and annual sales of $ 3 billion.. annual sales per employee is $ 19 million. Last quarter Acrt had $ 8 million per employee or $ 24 million annually in comparison. Acrt has margins of 4.7 % vs 2.0%. Difference being the TAD vs notes, Now by end of June ACRT will have 30 employees selling TAD's. So let's say they only do as good as LCF. 30 times 20 million = $ 600 million @ 2 % is 12 million or $ 1.50 per share at the Dow eps that makes it worth $ 30. But their earnings are twice that. So they drop from 4.7 margins to 4.0 that makes them a 50 to 60 dollar stock. The market out there is $ 80 billion so there is room for everyone. We are not talking about 3 years from now we are in the 1-2 year time frame. Finally if this is not true why has institutional ownership gone from 8.9% in December to 14.9 % in February. Almost double.......