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May 16th, 2005
Jack Uldrich: Amateur drag car racers often like to rev up their engines, signaling to opponents and spectators alike that they have the necessary horsepower to get the job done. These unnecessary demonstrations mean little, of course. What matters is the race itself.
I was reminded of this after watching Accelrys' (Nasdaq: ACCL) recent stock performance. The company develops molecular modeling and simulation software for the chemical and life sciences industries, and is regarded as one of nanotechnology's pick-and-shovel plays. Late last week, Accelrys reported that first-quarter orders were up 88% over the year-ago period.
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