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

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To: Jack Be Quick who wrote (186)9/16/1997 12:42:00 AM
From: michael meyers   of 1250
 
Comments on ACTM decline in price.

Having owned ACTM for awile it seems to bounce around quite a
bit plus the trading volume is *highly* variable.

So the question is, does the market know something we don't?
If not, then ACTM is undervalued and we should all be buying
like crazy. Is so, then we should sell. Who is right, the
market or us?

Does anyone know the earnings report date? If I could find
out this date, my strategy would be to wait till just before
earnings are announced and then buy into this low price,
thinking that if there were really some bad news ACTM would
of had to preannounced.

Bottom line, it's gut check time, do we believe in this company
or not???? I love these kinds of decisions!

Michael
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