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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Nov 7 9:30 AM EST

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To: SpecialK who wrote (447)10/8/1997 12:25:00 PM
From: David G.   of 674
 
I was considering ACTL at $15 1/2 but IMO, it looks like has more room to drop in lieu of the following recent factors:

1. Announcement of 6% revenue decline for quarter on 9/30.
2. Downgrade to hold by Montgomery on 10/2.
3. Recent selling by insiders and Texas instruments (see SEC filings). The selling volume has not been significant, but the existence of selling especially by TI usually sends up a caution flag in my mind.

Good long-term investment. Short-term to mid-term I think ACTL will see a better buying oppotunity at $13.
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