ACTM $100 Million Cable Modem Contract with MOT Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeffbas who wrote (228)	10/10/1997 12:36:00 PM
From: rich evans	of 1250

I think this is a great buy so I did at 20. Sales soft in Q3. OK. But if you included the 9mill sales would be flat from Q2. Gross margins are 12-13%. It seems they have costed out some of the 9 mill into Q3. 62 Mill x.12=7.440 gross profit for Q3 less 3mill SGA=4.4mill less ..4mill interest=4mill before taxes. They are indicating a .5mill loss so there is 4.5 mill costing out on the 9mill in sales not booked which is backloaded into Q4. If the 9 mill had shipped then Q3 would have been similar to Q2 or about .38 cents a share. Now Q4 should be substantially higher especially if revenues rebound which I would hope for. Jeff am I correct? Paul what do you think? You got your 20%. Rich

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next