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Technology Stocks : Accent Softwr (acntf): Addressing Huge Multilingual Mkt? -- Ignore unavailable to you. Want to Upgrade?


To: Gogo@SI who wrote (188)4/3/1998 8:45:00 AM
From: Glen Abbey  Read Replies (2) | Respond to of 356
 
I had to cut my losses since I was stuck with both ACNTF and PEAFF. I may have sold the wrong one. The Russian deal is for the Word Processing software and is expected to fly because there are not any other Russian language options. I expect value of deal to be deeply discounted to get fast cash.

Building a new globalization business will take some time and more cashflow problems can be expected. There seems to be fair resistance at .56 level and the Russian announcement should reinforce it there. Someone has been accumulating and is waiting to play the announcement! The noise is they will sell the subsidiary, I expect it to be a total buy-out. No facts only gut feeling.

Your turn, what about PEAFF?