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Technology Stocks : Applied Cellular Technology (ACTC) -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (862)	4/18/1998 1:24:00 AM
From: Stephen D. Wilson	Read Replies (2) \| Respond to of 1062

James, I tried to yesterday but my DLJ account won't let me trade becasue they haven't processed my signed agreement yet. If you haven't used them it was easy to get the account opened, I made my first trade as soon as they approved me on line. I then sent them money to deposit into my account and to cover my initial trade. I thought everything was going just fine. Then they sent me this form. Please sign and return. Well I procrastinated a few days but got around to sending it. So yesterday when ACTC dumped into the mid 3's I thought lets buy a bunch and play it short term or even daytrade if it recovered that day. Get on-line and bam They won't let me trade. Call DLJ and they inform me that their backlog on processing the Account agreements may be 3 to 4 days from the day it's received. Moral of the story. If you open an online account sign and send that day. Anyway here is some other info I dug out of the 10k Do you agree with the analysis? According to the 10-k they paid for IPC with 1,102,000 shares. (Lets just assume that they meet the expectations to get all the shares granted to them. ) IPC is supposed to return $850,000 a year in pre-tax income . That would work out to $0.77/share of pre-tax income. Winward is supposed to deliver $1.5 mil a year in pre-tax income for the purchase price of 2.2 mil shares. That is $0.68/share of pre-tax income. Combined, the 2 should give us $1.45/share per year in pre-tax income. Maybe Sullivan did good on that one. (or two). What do you think ÿ