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


To: Frank Buck who wrote (1772)7/27/1998 10:54:00 AM
From: Sigmund  Read Replies (1) | Respond to of 1894
 
I am looking forward to saying good bye to the terrible $2's pretty soon and saying hello to $6 within a few months. That would recapture the losses due to the split. Even $4.50 would make some sense as that is the price more capital came into the company.

Unless they really gave away the assets, I would think that the upcoming announcement of the sale of the micro division should be very well received by the handful of remaining investors. Then I assume the company will try to reach out to new investors.

Of course the number one questions is: "is Savant worth anything?". If it is the company has a future, if not, well that is all she wrote.

As the price moves back up, there will be increased liquidation by those who have become discouraged and are satisfied with a partial recover of their investment. It should be interesting to see how the interplay between improving news and exiting investors works out.