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

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To: Hiram Walker who wrote (151)7/27/1997 10:10:00 AM
From: jeffbas   of 1250
 
I cannot answer your specific questions. Call Doug Greenlaw, CFO at
the company with your specific questions. He is usually pretty
accessible. Since these are questions he may not be able to answer
off the top of his head, if you do not get him immediately, you might
want to ask for his voice mail, and leave your name, number and
questions.

As far as prior poster's concerns with margins go, The company said
that by intent they do not want to get gross margins above current
13% level. However, SG&A will come down naturally as sales get to
$500 million. Also interest costs should continue to come down. I
expect net margin to increase gradually to 5.5% over time.
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