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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (1303)	3/30/1998 12:33:00 PM
From: 45bday	Read Replies (1) \| Respond to of 1518

Thanks. The other day I made that comment here that if it weren't for the shorts covering where would this go. But with that said the short position is so big that you would think it puts an artificial floor under this stock. If any decent news comes out they would all scramble to lock in their sizable profits, and move elsewhere. Let's face it - the stock price is startng to reflect lousy earnings for this period, but if the contracts in place can keep revenues and earnings up a bit and they pull in a couple of new ones towards the end of this qrt. to show they are moving forward this stock will jump back fast given the long term potential of the DEC deal!

To: CalculatedRisk who wrote (1303)	3/30/1998 8:56:00 PM
From: Pancho Villa	Respond to of 1518

IMO we will soon see sched. 13's filled for reduction in holdings. IMO fidelity's new millennium has been dumping. This will accelerate the decline. They don't call it accelerator for nothing:-) Don't be deceived, this puppy may be run up by hype but it will eventually trade in the low single digits. y2k 21 months away now. The last development consulting project I worked in took about this long, thanks in part to client's negligence which abounds in the business. Check and see what the chances are for ACLY to clear earnings equivalent to its market cap within this time frame. Will keep my regular position and only add to it if it runs up on hype. Pancho