ACTM $100 Million Cable Modem Contract with MOT Message Board

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

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To: jeffbas who wrote (225)	10/10/1997 8:44:00 AM
From: DD™	of 1250

Very bad news... ACT Manufacturing, Inc. Announces Expected Third Quarter 1997 Financial Results HUDSON, Mass., Oct. 10 /PRNewswire/ -- ACT Manufacturing, Inc. (Nasdaq:ACTM) today announced that based upon current information, the Company expects that revenue in the third quarter ended September 30, l997 will be approximately $62 million, compared with $63.9 million for the third quarter of 1996 and $72.4 million for the quarter ended June 30, 1997. The Company expects a third quarter loss in the range of $0.05 to $0.07 per share, down from a profit of $0.33 per share for the quarter ended September 30, 1996 and a profit of $O.39 per share for the quarter ended June 30, 1997. The Company's expected revenue and earnings per share for the most recent quarter are below the expectations of securities analysts. biz.yahoo.com

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