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Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT

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To: jeffbas who wrote (497)2/26/1998 12:07:00 AM
From: michael meyers   of 1250
 
Unfortunately I've owned some other companies which had financial irregularities. Sigh. I'm guessing that the stock will open down significantly [20%, 30%, 50%??]. This could be an isolated case of incompetence or part of a larger fraudulent pattern. Let's hope it's the former in which case the stock will recover quickly. If the latter, it will be a long haul with even the survival of the company questionable.

This also shows the value of diversification. One never knows what will happen on any particular stock.

Michael
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