|
|
|
|
|
|
StockCentral :: Community
|
|
Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
| Author |
Messages |
|
jncraig
 |
| 09/13/2006 2:18 PM |
|
Affiliated Computer Services, ticker symbol ACS on the NYSE, is a mid-sized company based on FY2005 revenues of $4.351 billion. It is in the Data Processing & Outsourcing industry. ACS is also covered by the Investor Advisory Service as of the August 2006 issue, and is rated 2 for quality (on a scale of 1 to 5, with 1 being highest).
|
|
|
|
|
Lynn Ostrem
Minneapolis, MN
garbagecop@earthlink.net
|
| 11/08/2006 8:25 AM |
|
Hi all,
I used to be the ACS stock watcher for my club, but we sold it when the company did their big stock buyback. We had had a good run, but the future was going to be confusing. We figured compaines were hard enough to follow without having to deal with complicated boardroom decisions. We we took our profits and invested them into a couple of companies that we thought would be easier to follow.
So for those who hung onto the stock, what ever happened!?
Lynn O. |
|
Lynn Ostrem, Minneapolis
|
|
|
Robert Hooper
Tucson, AZ
|
| 01/18/2007 2:37 PM |
|
Lynn,
Our Club also holds ACS in our portfolio. We are waiting for the opportunity to sell it when it gains back some of the value it has lost over this past year. We believe its fundamentals are solid but we don't believe it will make money for the Club over the next five years. So, we are looking elsewhere for a stock that may have a more promising future. Your Club is fortunate that it sold ACS when it did.
Bob Hooper, Tucson, AZ |
|
|
|
|
Joe Craig
Ellicott City, MD
StockCentral Administrator
|
| 01/18/2007 2:41 PM |
|
Bob,
> We are waiting for the opportunity to sell it when it gains back some of the value it has lost over this past year.
Why wait? If you think that ACS' prospects aren't good, and that the next year will produce less than desirable growth, shouldn't you sell now and replace this holding with a stock that might make money during the coming years?
Just a thought ... |
|
Joe |
|
|
Robert Hooper
Tucson, AZ
|
| 01/18/2007 3:05 PM |
|
Joe, we purchased ACS over a year ago for about $54 per share....it closed yesterday around $49. Based upon its previous performance history, and its solid fundamentals, we are reasonably confident that it will break the $51 to $52 range within the coming weeks, at which point we plan on selling. Rather than taking a major loss by selling it at $49 we are willing to wait to minimize our losses. Plus, the Club has not selected a "new" stock to replace ACS in the portfolio. We don't believe ACS is going to hurt us badly by waiting a bit longer to sell.
Bob |
|
|
|
|
Eugene Kirby
|
| 01/25/2007 11:43 AM |
|
FWIW ACS is trading around 49 on 1-25-2007. Yahoo finance rates ACS as 2.6 on a 1 - 5 scale (1 = highest). Their analysts estimate this year growth (fiscal end 6-07) at 7.9%. Next year 17.3% and next 5 years per annum at 15%.
My Stock Analyst indicates ACS as a buy with 5.6 upside/downside with a 16.2%, 5 year compounded annual return .Estimating earnings in 5 years as $5.00 a share
Gene
|
|
|
|
|
Robert Hooper
Tucson, AZ
|
| 01/25/2007 12:34 PM |
|
Gene, I have been following ACS for the past 5 years. During that period I was always impressed with the company's fundamentals...it is a good, solid company. Unfortunately, S&P reports that 10K invested 5 years ago is valued (as of 1/20/07) at $9,040. This is not a result that our Club is seeking!
Your estimated 5 year growth rate of 15% appears to be right on target. And, if you are interested in buying ACS, the time might be right for your Club to get into the action. The support level of $47.97 was reached on Tuesday of this week (1/23/07) as ACS fell twice during the day to $47.93 before ending slightly higher. Today, as I write this message, ACS is at $49.38 and moving up in spite of a "down day" in the Market.
For our Club, we see greater growth opportunities with other companies and have voted to sell ACS as it climbs closer to its resistance level of $53.11.
Of course, as with all comments posted on message boards, the views expressed are only one person's opinion and should not be taken as gospel. Bottom line? I still like ACS but I'm ready to ride a new pony for awhile!
Bob
Tucson, AZ
|
|
|
|
|
Joan Connacher
|
| 01/28/2007 4:54 PM |
|
Hi all,
I sold ACS last September mostly on intuition and the fact that I was not comfortable with its prospects despite the fact that IAS still holds it. I had held it since 2003 so I still had a profit.
Joan Connacher
|
|
|
|
|
Jim ODonnell
|
| 04/19/2007 7:21 AM |
|
| Hi all: I now know what you should have done. ACS is > $59 today! Just proves that predicting is tough... especially about the future. JOD |
|
|
|
|
Dan Hess
|
| 04/19/2007 11:27 AM |
|
Jim
I now know what you should have done. ACS is > $59 today! Just proves that predicting is tough... especially about the future.
No argument from me about predicting the future. I see the ACS price closed at 59.32 yesterday above the 59.25 buyout offer. So perhaps a sweeter bid may be coming.
I sold on 3/19 at 60.19 so I am still smiling since I took what I considered dead money and put it to work in what I viewed as a better investment.
Only time will tell the future.
Dan |
|
|
|
|
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
|
ActiveForums 3.7
|
|