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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Alastair McIntosh who wrote (17045)1/14/1999 8:41:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Alastair, thanks for ACLY, I had forgotten about that one.



To: Alastair McIntosh who wrote (17045)1/14/1999 9:17:00 PM
From: Mark L.  Read Replies (1) | Respond to of 18691
 
"Another pig rises from the mud! ACLY traded over $7.00 today before closing at $6.844. Should be a penny stock."

No, it shouldn't. It's got 10 million in cash, respectable operating cash flow, and a pristine balance sheet.

That didn't stop me from shorting a boatload of it today, but I think we should all be realistic.