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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (6864)	2/23/1999 12:26:00 AM
From: VIPER85730	Respond to of 18998

Mr. Pink, >You may address Him as You when you speak to Him.< We understand that you're recovering from vacation mode. There's no need to be a snot to your faithful, if you take my meaning, Sir. (That was a pretty good impression of C-3PO, wasn't it?) Whatever... VIPER-------<

To: Mr. Pink who wrote (6864)	2/23/1999 12:51:00 AM
From: dexx	Read Replies (1) \| Respond to of 18998

ASIC..STRONG PROSPECT FOR QUICK TURN-AROUND Access Solutions International (ticker: ASIC) 650 Ten Road, North Kingstown, RI 02852 Ph: 401-295-2691 Currently trading at $.26 x $.32 ABOUT THE COMPANY ASIC has a nineteen month high of $4.00. It was a NASDAQ company that volunteered for delisting last August to OTC BB because its stock price fell below the NASDAQ requirements. It just came up off the 52 week low (in Dec 98) in anticipation of a favorable earnings report due out soon. -ASIC designs, develops, assembles and markets mainframe information storage and retrieval systems, including both software and hardware, for large companies. -FY97 (ended June 30, 1998) ASIC showed a negative ($1.05) EPS. This was primarily due to their merger activities with PCLP in 1997. However, in Aug 1998 that merger was dissolved and ASIC recently resumed doing business on their own. The most recent quarter showed a loss of only (.07) EPS. The CEO stated "...We are pleased that our cost-cutting program has enabled us to achieve a small operating profit for the quarter ended June 30, 1998." ASIC says they have now re-signed contracts with BANK OF BOSTON, and The New York Stock Exchange (NYSE). There are other significant events that could bring some very positive cash results for ASIC. More on those things can be found on their Web site along with SEC reports and a lot more detail on the company and the officers. accessol.com (Web site updated Feb 18, 1999). If unsuccessful reaching this site, try their construction site at 206.97.111.93 The next earnings announcement is expected any day and indications suggest that ASIC is making a successful turn-around. ASIC was in the $4.00 to $5.00 range when they merged with PCLP. Can it get back to that range this year? Could be worth checking. Right now it is under 20 cents. Total O/S about 4 million and 3.2 million in the float. Earnings Report is imminent. Check the Web site: accessol.com (Web site updated Feb 18, 1999) If unsuccessful reaching this site, try their construction site at 206.97.111.93 ___________________________ I believe ASIC is just beginning its climb back to the listing it used to have. The company has worked hard to get to this point and their price is starting to show it. A fiscal year break-even earnings report (as was indicated is coming) should easily take this to well over a $3.00. With volume today 7 times higher than it has ever had, this will show up on every momentum tracker out there.