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Technology Stocks : ACT NETWORKS
ANET 123.42+0.4%3:59 PM EST
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To: Brad Rogers who wrote (832)6/27/1997 5:54:00 PM
From: George Elliott   of 2326
 
Spoke to Jan at IR. There are only two analyts following company, the H&Q and Wessels people. At one time they both had a strong buy on ANET, now a buy from Wessels instead. Sales are going well, although a couple of customers MAY delay their purchases. But, they're still buying the equipment. Lastly, the new options @ $15.75 aren't exciseable for a year. Oh, one more thing, Jan would love to buy at current levels she said, but employees can't buy until three days after earnings are out. She said there are absolutely no visible signs of nervousness or concern at work.
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