Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?

To: george who wrote (1745)	6/20/1998 11:21:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 1894

The reason for the drop in the price is obvious. When the div sale announcement was made the MM's raised the ask. There were few if any takers so the MM's had to lower the ask. But apparently there has been some sellers so that explains the wide spreads from time to time. An announcement of a sale without a sales price is very little information to base a buy on. The fact that a sale was intended was not new. The announcement didn't really clarify the timing. So for all practical purposes in was either a non-informative announcement or one that raised more questions than it answered. Some interesting posts on the Yahoo NMPS thread. They are looking for a partner for their cervical cancer test and want to partner with a supplier of automation equipment. But it doesn't appear to be ACMI. messages.yahoo.com@m2.yahoo.com Interesting approach this company has of actually discussing things with their investors. But their stock price has also fallen but not nearly as much as has ACMI. I wish I could say that I am optimistic but I am not.