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: jeffbas who wrote (1047)7/17/1999 11:57:00 AM
From: rich evans  Read Replies (1) of 1250
 
The Market is forward looking and an Act Investor or broker would be talking/thinking about 2000. Also Act was one of the companies listed in the Big EMS publication put out by Piper Jafferies. The rest were the big ones plus BHE and PLXS. So the PEs in the favored group are much much higher. Even BHE and PLXS is double the PE. So Act should start getting some catch up valuation IMO. Acts growth has been their on the charts revenue wise but it shows dismal and negative on the earning growth, ROA, ROC. If "people" think this is now changing then we get the turnaround play. Also, there is a lot of business out there as you know and the big boys can't take it all although they will get and keep the bigger player OEMs but there are also a lot of smaller OEMs outsourcing now. Look at PLXS with its nitch in engineering and design and medical electronics. Its customers are almost everyone of the medical OEMs outsourcing listed in the report.
So I think ACT at this point should show greater returns stockwise because of catchup then the continued march up of the larger companies . Alsoi on the prospectus , wasn't the valuation estimates which ACT, and analysts and the investment company hired all in the mid 20 range for 2000. the number 26 comes to mind.

Rich
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