Actel [ACTL] Message Board

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Technology Stocks : Actel [ACTL]

ACTL 0.0001000

0.0%

Jul 16 9:30 AM EST

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To: John Ritter who wrote (648)	7/2/1999 4:29:00 PM
From: William Grady	Read Replies (1) of 674

It looks like the consensus estimate is .14 so if they report .14 that should be already factored into the price of the stock. However last year the stock drifted steadily lower from about May 15th until early October where it rallied strongly. If a similar pattern develops this year we could see a lower stock price in the months ahead and it may take some positive earnings to get the stock moving again. I like the stock long term but would be cautious over the next few months. I'd try to see how their new products are being received and if it looks like they may have a good quarter try to pick up some stock before their next report in October. I have been burned too many times in the months of September and October with high-tech stocks not too be a little cautious. I really like the company a lot but think we might see some lower near term prices before it moves higher.

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