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

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To: G.M. Flinn who wrote (1209)7/25/2000 10:30:18 AM
From: Rob Preuss  Read Replies (1) of 1250
 
Yes, it does look like a buying opportunity.

But I'm wary... I've been with ACTM since before the
stock crashed in response to the "inventory shortfall"
some years ago and I may never get over that completely.
Because of this surprise shortfall, I suffered through a
series of margin calls while this stock was way way down...
then, during this past year, I've managed to unwind most
of my long position so I only have a few shares left.

On the surface, it looks like this stock has plenty of
upside potential and this potential should be realized.
But the company won't return my calls and they release
very little news (only when absolutely necessary) so
I continue to worry about hidden negative surprises.

I'll hold my few remaining shares at least through the
earnings report. Hopefully, whatever is bothering the
market will be cleared up, the stock will rise again,
and you folks who are brave enough to buy now will
make a tidy sum of money. My memory is just too long
to buy this right now.

Here's a link to the 7/24/00 article by Herb Greenberg
thestreet.com

Rob
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