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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Nov 14 9:30 AM EST

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To: damniseedemons who wrote (59)2/2/1996 8:58:00 PM
From: Franco Battista   of 674
 
There is another more plausible interpretation.

Actel wants to present controlled earnings growth. If their
earnings growth for the last quarter reported would have
been too big, analysts would probably have put an impossible
eps forecast for the next quarter. Short term the shares would
have gained, however, in the present market, not meeting
forecasts translates into heavy penalties.

Also given their desire to issue new stock, one would think
that they would want to report the highest possible earnings.
The fact that they did not do this is a strong sign of very
good management. My feeling is that these guys are building
for the long term.
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