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


To: Z man who wrote (5252)4/28/1998 10:35:00 PM
From: DAVID C. DeANGELIS  Read Replies (2) | Respond to of 7054
 
INDIVIDUAL INVESTOR MAG. UPDATE
4/28/98 Actrade Buy Recommendation Reiterated; Buy

We continue to rate Actrade International (NASDAQ: ACRT) a buy
especially after its latest quarter.

On April 23, Actrade announced strong third quarter results with revenues up
more than 97% to $25.5 million from the year-ago quarter. All margins
improved substantially which resulted in earnings rising 63% to $0.13 per
share. The company's balance sheet looks very strong with $7 million in cash
and no long-term debt. As of March 31, the current ratio is 10.6.

ACRT's TAD program continues to grow at a very rapid rate. For the last
three to four years, TADs grew on average by more than 200% and are
expected to increase by more than 100% this year, to account for more than
$50 million of total 1998 revenues.

We expect earnings to increase 85% to $0.52 per share in 1998 on revenue
of about $100 million and to $0.88-$0.90 per share in 1999 on revenue of
$200 million. Our year-end price target is $25.

Updated 4/28/98 with ACRT trading at $15.25.
Recommended 11/18/97 at $22.75.



To: Z man who wrote (5252)4/29/1998 12:05:00 AM
From: Jean-Philippe Chevalier  Read Replies (2) | Respond to of 7054
 
Actually it is still a dead heat. Mr. Pink 15 davef 15. You keep forgetting that this is a competition between two stock pickers. Mr. Pink, playing from a distinct disadvantage is still holding his own but technically poised for a breakout is playing with the dog of his portfolio. In contrast, davef is playing with his entire portfolio, ACRT. Although showing signs of rubber legs, davef has proven to be quite resilient in this competition and is to be commended for his efforts. Unfortunately the rules were written for a two way competition so NotNiederhoffer's request to add Jono to the competition has been turned down. This is a pity as Jono would have brought a whole new dimension to the event.