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Technology Stocks : ACT NETWORKS

ANET 125.02

+2.4%

3:59 PM EST

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To: emljr who wrote (2307)	12/11/1999 11:06:00 AM
From: Ed Newman	Read Replies (1) of 2326

I was looking at recent Mutual Fund buying and ANET is one of the Top New Buys of Van Wagoner Fund, whose 169% growth this year puts it at #3 for domestic funds. i.e. They know how to pick 'em. I am not in ANET yet, but considering it. Is their technology falling behind or do they have a future in what they do. Something tells me this is a good entry point. The Cash On Hand is more than half the share value, so downside is limited. What are the prospects here? We're sure underfollowed. Can anyone help me? ed

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