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

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To: av ram who wrote (191)9/18/1997 4:51:00 PM
From: JOE   of 1250
 
> In IBD recently accumulation rating has changed from A to C and relative strength from somewhere 90's to 77. Without much analysis, this indicates heavy distribution, IMO.<<

ACTM is very difficult to play, too volatile! It can run from accumulation rating A to C and C to A in just several weeks.

At this level ACTM is very attractive. But I am not ACTM stock holder yet either because we already see price going down but we do't find any bad news yet. Wall St is not stupid. Watch out!

joe
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