To: stan s. who wrote (4454 ) 3/26/1998 9:08:00 AM From: Goulds Respond to of 7054
Why ACRT no longer makes public it's professional partners. Less than one year ago, TThis thread was quiet, civil and informative. Mitch Menick, Investor Relations for ACRT came here and posted answers about the company to the questions that people asked. No problem at all getting any answers to any question, good or bad. ACRT was upfront and in the open about it all. Successes, failures, future goals, past mistakes. Then pink and company started their raid on ACRT. Nobody took it seriously at first.. none knew that on SI alone, there were 4 million hits a day. pink used this thread to slander management, and degrade and lie about ACRT and it's business. But, they went further. Customers of ACRT, as well as Insurance Companies and other associates both business and personal, were contacted by shortsellers and informed that ACRT was going bankrupt, that Amos Aharoni was going to disappear in the night with their money, that ACRT was a total sham. ACRT was beseiged by calls from their customers and associates. They did, in fact, lose business because of this. It is now their policy not to expose themselves or any of their associates to this kind harrassment. It will remain this way until this shortsellers raid is over. This is not how they care to work. Their previous openness and forthrightness on all issues is obvious proof of their sincerity. However, for the best interests of ACRT, it's investors, and it's business partners, their tightlipped position is obviously necessary for the time being. This whole scenario is a double edged sword. ACRT has been doing well. They have gotten large, new customer accounts. These customers, after researching ACRT, are requesting their relationship not be made public. They don't want shortsellers harrassing them or their management. Can't blame them, can you? When the short position is eliminated, the sharks go off to attack some new victim, ACRT will again resume normal investor relations.