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


To: Andrew Q. Viet who wrote (3801)3/19/1998 1:10:00 AM
From: F. Lynn  Read Replies (1) | Respond to of 7054
 
GIGO. Don't get snippy with me---I am perfectly aware of what a peg ratio is. Do you really believe they can grow 75% a year for five years? Do you know how rare this is? You have clearly gotten your information from simplistic 90s style investors like the motley fool.More experienced investors realize that five year forecasts are so inaccurate as to be worthless .

Another well known phrase is "Companies with low barriers to entry, and poor capitalization can rarely grow 75% a year for five years." Also, chew on this:" Show me a company trading at a huge discount to its expected growth rate and I will show you a company whose estimates are about to get slashed." If you are such a fan of the peg, go buy western digital or seagate.



To: Andrew Q. Viet who wrote (3801)3/19/1998 10:38:00 AM
From: Paul Weiss  Read Replies (2) | Respond to of 7054
 
Andrew V.-- I have no interest in ACRT, other than to see how it all plays out. I'd like to offer you personally a few ideas for consideration. 1. I've been 'ripped off' by slicksters in the past, especially early in my investment history. I'd like all honest folks folks make a profit from their labors and financial sacrifices (i.e. investments). Be very careful. 2. The single most important factor, and the most difficult to quantify is the quality of management. You've asked posters to show where an individual's history is entered on the balance sheet. Please, please believe this: it always shows up eventually. Regards, Paul