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Technology Stocks : ACT NETWORKS
ANET 129.83-0.6%Jan 16 3:59 PM EST
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To: Matthew Ghilarducci who wrote (704)6/3/1997 9:48:00 PM
From: George Elliott   of 2326
 
I would tend to agree, since ANET's banking it's future on the "Fast Packet Voice-Over", which is an area in it's infancy. ANET's share price run-up last year was ridiculous, really. Management has always been focusing on the future of voice-over, and the market for such is only beginning. There was no fundamental reason, based on cash flow, that the price got so high. The real cash is still to come.
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