SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob Preuss who wrote (1036)7/2/1999 3:56:00 PM
From: jeffbas  Read Replies (1) of 1250
 
It is tough to find a positive spin. About the only thing you can say is that if you are not over $500 million sales forget it. ACT barely makes the grade.

Unfortunately, I think the hurdle probably now is $1 billion, which BHE handily makes. I think they are no longer in the same league, which is the minus. Note that BHE appears to have paid about 35% of sales for a company which is larger than ACT will be. (We do not know about debt acquired.)

Not counting debt, 35% of sales on ACT is roughly $15. Without knowing anything about the acquired company (or debt assumed, if any), it is a bit difficult seeing ACT as materially undervalued. This suggests we should understand that acquisition better to see what standard of reference it provides for ACT's valuation.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News