ACTM $100 Million Cable Modem Contract with MOT Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry Unger who wrote (148)	7/25/1997 12:33:00 AM
From: jeffbas	of 1250

I agree! I still think it is a $50-75 stock down the road 12-18 months. I listened to the conference call which was quite upbeat. The only thing I was not nuts about was that they lost 3Com as a customer (due to lack of global presence at the time - largely being fixed with Ireland operation) but more than made up for it with an expanded relationship with Bay Networks. Thus, their largest customer is now more than 30% of total. This cuts both ways - more than an incidental relationship with a big company is a tribute to ACT, but also represents more risk relative to concentration with one customer. (Bay does seem to be doing better now.) Note that they mentioned a few new names on the call so they are continuing to add new clients, despite concentrating more with one, and seem to be moving quickly to expand their presence in the Southeast with the new Georgia acquisition. They were still OK with meeting analysts expectations for the rest of the year and quite upbeat about the longer term outlook as well.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next