{"id":123,"date":"2006-11-21T11:58:52","date_gmt":"2006-11-21T18:58:52","guid":{"rendered":"https:\/\/stockherd.com\/moosepond\/?p=123"},"modified":"2007-04-29T17:52:38","modified_gmt":"2007-04-29T21:52:38","slug":"sold-affiliated-computer-svc","status":"publish","type":"post","link":"https:\/\/stockherd.com\/moosepond\/2006\/11\/21\/sold-affiliated-computer-svc\/","title":{"rendered":"Sold Affiliated Computer Svc"},"content":{"rendered":"<p class=\"box\"> <strong>Affiliated Computer Services (ACS)<\/strong><br \/>\n<a href=\"https:\/\/stockherd.com\/moosepond\/files\/ssg\/acs_20051226.pdf\">SSG and PERT A (12-26-2005)<\/a> | <a href=\"http:\/\/www.google.com\/search?sourceid=navclient&amp;ie=UTF-8&amp;oe=UTF-8&amp;q=stocks%3A+acs\">Google &#8220;Stocks: ACS&#8221;<\/a> | <a href=\"http:\/\/www.acs-inc.com\">Company Website<\/a><\/p>\n<p><a href=\"http:\/\/www.acs-inc.com\"><img decoding=\"async\" src=\"https:\/\/stockherd.com\/moosepond\/files\/img\/acs_logo.gif\" alt=\"ACS Logo\" title=\"Affiliated Computer Services\" style=\"margin: 20px 5px 5px 10px; float: right\" border=\"0\" \/><\/a><\/p>\n<p>We sold Affiliated Computer Systems on November 11, 2006 at $29.74.   We had a long term gain of $13.  We originally purchased ACS in November 2003.<\/p>\n<p>Rationale for sale:  ACS seems unable to move forward.  Click here for a <a href=\"https:\/\/stockherd.com\/moosepond\/files\/ssg\/acs_20061110.pdf\">SSG<\/a>.  As the chart below shows, it seem it has been unable to grow its revenue and earnings in any significant way over the past 4-5 quarters.  It is now mired in an options pricing mess and will have to restate its earnings.  ACS failed to fully report its current quarter and instead offered up instead &#8220;non-GAAP&#8221; (GAAP = generally accepted accounting principles) metrics of performance.  Its TTM pre-tax margin (10.5%) is below the industry average (15.8%).  Morningstar still rates ACS 4-stars but also rates it F for stewardship.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Affiliated Computer Services (ACS) SSG and PERT A (12-26-2005) | Google &#8220;Stocks: ACS&#8221; | Company Website We sold Affiliated Computer Systems on November 11, 2006 at $29.74. We had a long term gain of $13. We originally purchased ACS in November 2003. Rationale for sale: ACS seems unable to move forward. Click here for a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_jetpack_memberships_contains_paid_content":false,"_links_to":"","_links_to_target":""},"categories":[10],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts\/123"}],"collection":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":0,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/posts\/123\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/media?parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/categories?post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockherd.com\/moosepond\/wp-json\/wp\/v2\/tags?post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}