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

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To: Steve who wrote (157)8/26/1997 10:27:00 PM
From: jeffbas   of 1250
 
I am certain that is the reason for the drop. But note that CEO Pino
has stated publicly that he believes the company can sustain a 30%
growth rate in sales and earnings - versus the Advest analyst's 25%.
I still believe that the stock - over the long term - will perform better
than cash or the general market, if the CEO is close to the mark

It is my opinion that we will see this company do $500 million sales and make $2.50 per share before too many years go by. If/when
that happens the stock will not be in the 40's. It will be even more of an institutional stock and trade 50% or more higher.
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