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

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To: Rob Preuss who wrote (250)10/15/1997 12:44:00 PM
From: kolo55   of 1250
 
Looks to me like the volume is drying up.

As fo this post time, there has been fewer than 100,000 shares sold today. I suspect the big sellers who want to sell at this price (19) have sold. I picked up another 1300 shares and now have 5000.

I suspect we will have weak pricing until the conference call, and analysts get the full scoop on the shortfall in revenues and forward looking statements. Until then, looks to me like both the buyers and the sellers have gone on strike.

Jabil seems to have bottomed today, so maybe the sell-off in the ECM sector will abate a bit.

Paul
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