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Technology Stocks : ATCO -- Breakthrough in Sound Reproduction -- Ignore unavailable to you. Want to Upgrade?


To: Lee Barrineau who wrote (387)5/13/1998 2:46:00 PM
From: Savant  Respond to of 2062
 
The latest quarterly report indicates two working agreements for HSS and one working agreement for SFT. Unless I am mistaken, ATCO has two more working agreements than they did previously. Best for all, S.



To: Lee Barrineau who wrote (387)5/13/1998 3:10:00 PM
From: David Kuspa  Respond to of 2062
 
ATCO, $8 1/4 at 2:45 EST, off 38% from its recent high. Yes, that high did surprise me, but I sure wasn't going to jump back in because I knew it would be coming right back down. That the news was of higher quality is testament to its higher all-time high of $13 1/4. All those investors that piled on all the way up are not necessarily strong hands like your own. How many times do we have to go through this cycle to figure it out? News to Blues. Sure, I've adjusted my opinion that ATCO will not return to the $3-4 range where it languished after previous news items, since it went so much higher this time. The post-news declines of the past were around 50% from the highs, so I would expect ATCO to hold around $6 3/4 for at least a while. I see a pattern and I'm making a prediction. We'll see if it pans out.

On the other hand, perhaps 3 is a charm (or is it 4 or 5?) and ATCO will finally sign a licensing agreement, which may lead to a viable product in the marketplace that will generate some profits for the company.

BTW, market makers love to manipulate stocks like this, especially the unlisted ones, where even the new improved NASDAQ rules don't apply.

D. Kuspa