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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock -- Ignore unavailable to you. Want to Upgrade?


To: CatLady who wrote (1384)7/7/1998 5:09:00 PM
From: The Ox  Respond to of 1518
 
One only has to read this thread to see that CR's been correct (so far) about ACLY's stock price. I think there is more to ACLY's migration business then CR gives them credit for. It was the long range aspects of Accelr8 that attracted my attention in the first place. But since Greimer retooled his company to work almost strictly on Y2K for the next few quarters, I have been waiting to see how the changes unfold.

With all due respect, I think that CR's victory may have started to cloud his judgement with respect to this company. To expect this company to fall more then 50% from here (to 5 or below) is wishful thinking, IMO. But I was wrong before and he was right, so.....

ACLY had what I consider to be a very weak prior quarter and their inability to show qtr to qtr sequential revenue growth was very disappointing to those of us who are long the stock. I have been in this stock for a couple of years and todate they have done alright by me.

I have reserved judgement on this company until I can review the next quarters earnings release. The company has been in the process of expanding it's capablities to handle the expected inflow of Y2K work. If significantly higher revenue isn't shown in their next release, I will probably move on.

Good luck to all,
Michael