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: jeffbas who wrote (1080)	8/31/1999 11:27:00 AM
From: Rob Preuss	Read Replies (1) of 1250

Jeff, You warned me to watch out for when Tokyo Joe decides to sell... well, the price has dropped already - I should have listened (sigh). The tokyojoe website says he bought at 19+3/8 and sold at 22+3/4. tokyojoe.com However, I note that the volume associated with the recent runup was much higher than the volume associated with the recent price drop. To my way of thinking, that says we have a lot more people holding shares at a higher price now than we did before these tokyojoe shenanigans started... and, since people don't really like to take losses, that should help raise the floor under the price. Consequently, unless we get some untoward news, I expect the stock price to turn around again and resume its upward trend in the next few weeks. Rob

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