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

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To: Rob Preuss who wrote (1128)12/1/1999 3:09:00 PM
From: Rob Preuss  Read Replies (1) of 1250
 
An individual posting on the Yahoo thread speculates
that Jabil Circuit (JBL) may purchase our ACTM:

messages.yahoo.com

This individual makes the following points:

+ JBL has filed a shelf registration that could
net them about $750 million.

+ At $45/sh (a 50% premium over the current price)
ACTM would cost about $700 million.

+ Such a 50% premium would be reasonable since its
about the same as that paid for SMOD.

+ With an estimated FY00 EPS of $1.66 for ACTM, such
a purchase would be immediately accretive to JBL.

This individual also states that the two businesses look
highly compatible.

Comments?

Rob
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