ACTM $100 Million Cable Modem Contract with MOT Message Board

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

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To: rich evans who wrote (1061)	8/1/1999 12:57:00 AM
From: jeffbas	Read Replies (3) of 1250

I am not enchanted with paying over 20 times earnings for this group, which would be $45 on BHE, 17% above the current price. Furthermore, I am getting increasingly nervous about the general market action. I would hesitate to buy any stock where I could not see a potential 50-100% gain in a year or so. ACTM is in a downtrend, but the downside risk is not large in my opinion. I would like it better at $14. Note this chart: iqc.com

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