| To: Reno Frazzitta who wrote (597) | 8/6/1997 12:27:00 PM | | From: Fred Puppet | | | |
Yes Reno, I'm short at 10 7/8.
Why are people paying $10 today when they could have bought all they wanted for $5 only a month ago? Either these people have never previously heard about ACCL, or they didn't know about new products in the pipeline. The flurry of press releases ensures that people now know about products. The sharp jump in price ensures that momentum speculators now know about the stock. Who is it that doesn't want to buy today at $10, but will pay $20 next month? Nobody.
These SI threads are excellent contrary indicators. When everyone is bullish, when there are only blue skies ahead, when we're heading to infinity and beyond, then everyone has bought. I'm not trying to time the top, just to get in before the fall. Once the fall starts, then all of the momentum people will bail. They can sell on a downtick but I can't. We may not be at the top, but I don't see much upside.
ACCL is a fine stock, and at $5 was a great buy. That's how you make real money; buy when it's out of favor, buy when many people have not heard about the company, or buy when people have doubts about future sales or products. Buy the rumor, sell the news. The smart money that bought at $5 is selling now. Do you recommend that SI readers should buy at $10? To whom will they sell the shares? |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Fred Puppet who wrote (599) | 8/6/1997 12:37:00 PM | | From: Paul Moerman | | | | |
Before ACCL dropped to $5, people were more than happy (as I was) to pay more than $10, given the excellent growth report and future prospects. Then we had the warning, and the lower earnings report. The way I look at it, the bad news is behind us and the good news has begun. Is the good news over? Hardly! Once the numbers start coming in from the sales of ACCL's latest generation products, the growth rate will inspire people to buy this company all the way up to $20 and beyond over the next 6 months IMO. I'm long, as you might guess, even though I took some trading profits (from my purchases at $5) yesterday. I don't plan to sell my core position at current levels unless I believe the market is about to collapse (which wouldn't surprise me this September or October). In the meantime, good luck trying to jawbone your way out of a losing short position! <g> |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Paul Moerman who wrote (600) | 8/6/1997 3:14:00 PM | | From: philip TESORIERO | | | | |
well its late in the day and we are pulling back a bit but i see this as a postive . call me an optimist but to me this is a healthy sign . i just hate to see a short make any money here .lol |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Fred Puppet who wrote (599) | 8/6/1997 5:10:00 PM | | From: Coonhound | | | | |
Fred, You sound like I did about two weeks ago when I bailed out at 6 after a nice profit. Now, I'm eating a little crow (along with a lot of money!), and I am glad to say that I am back in at 9 1/2 with Reno, Giles, John, and the rest of the boys. Nothing personal, but, I hope you take your short in the shorts!! Go ACCL!!! |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Coonhound who wrote (602) | 8/6/1997 6:21:00 PM | | From: giles | | | | |
I can hardly wait for the September numbers and then the December numbers, but if the market is going to crash in September or October or whenever, please give me 72 hours warning. <ggg> |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: giles who wrote (603) | 8/6/1997 7:34:00 PM | | From: Reno Frazzitta | | | |
Remember, Gateway said they wouldn't come out with their new worstations till Q4; so ACCL probably wont start seeing serious revs from this deal until Q1 of 1998. Right now ACCL is rising in anticipation of those revs; it's also going up because people are starting to percieve ACCL as the leader in the 3D subsystem market, especially with this big vote of confidence from Gateway. But I have to believe there are more gains ahead of us....Remember, they are still on track to have at least 2 additional product releases this year. And there is still a possibility of another oem. They said in a previous conference call that there were a half dozen potential new oems that they were talking to (obviously, we now know that GTW was one of them) but there still a few more possibilities. Don't be surprised to see another oem deal, albeit a smaller one, this year.
I think in light of this, $14 is a real possibility since it was already there a few months ago. |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: MosheS who wrote (589) | 8/6/1997 7:51:00 PM | | From: JOHN CHEN | | | |
Moshe, Andy and others, I have information on ATHM may interest you. This could be a hot stock to buy next.
Over the weekend, my friend and myself had the chance to test ATHM product at a TCI booth.
We were very impressed with its technology to say the least.
I will give you this following example:
for a 2mb file-
28.8 modem ( 28.8 bps ) will take 9.3 minutes;
ISDN ( 128 bps ) will take 2.1 minutes;
ATHM/Cable ( 10,000 bps ) will take 1.6 seconds.
ATHM is owned by TCI, COMSAT & COX and has agreements with many other cable systems across the country. It has acess to 40 mil homes.
ATHM also has deals with MSFT and CSCO.
We certainly think the potential is amazing.
We both are buying ATHM stock and signed up for ATHM service which is not that expensive.
Where we are in the Fremont/San Jose area, we have newly installed fibre optic lines. We assume that fibre optic lines are a requirement for transmission. Please correct us if we're wrong.
The way of the future is fibre optic lines for sure.
There's no comparision amonf 28.8, ISDN and Cable. Cable is it.
However, the success of ATHM may depend on how fast the fibre optic lines are installed across the country. |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: JOHN CHEN who wrote (605) | 8/6/1997 9:48:00 PM | | From: Spiderman | | | |
Oh...I thought I was at the wrong place here for a second..
Wait....uh...Yup...this is an ACCELGRAPHICS site PEOPLE. Let's STAY THE COURSE PLEASE!!!!! THANK YOU!!!! |
| | ACCL | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |
