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

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To: jeffbas who wrote (1083)8/31/1999 4:57:00 PM
From: Rob Preuss  Read Replies (1) of 1250
 
Yeah... and its hard to judge how much Tokyo Joe
interest still remains in the stock.

Still I'm pleased to note today's price rebound
brought us back to close over $20/sh. I expect
we'll stay slightly over $20/sh for awhile with
no huge breakout on either the up- or down-side.

Maybe Pino & Co will surprise us by announcing
a great big juicy contract: one that will soak
up a lot of ACT's unused capacity. That could
bring some honest price appreciation in a hurry.

Rob
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