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 (286)	10/30/1997 12:41:00 PM
From: rich evans	Read Replies (1) of 1250

Jeff, I think you are too negative on management and on ACTM. I think they are at the bottom of their decline. Management may have known the problem of Q3 but they certainly could not have told you. It would have been material info from an insider and you would have been a tippee and everyone would be in violation of insider rules if anyone traded. Also there was the hockey stick problem which management alluded to as to their sales. But I agree with you that managment should have had a better idea of the situation at the end of the quarter. They should nnot have said anything to you regardless. They did preannounce probably when they had some certainty on the figures. Pinos 5 mill shares owned make me more comfortable with this stock which is now close to #3 of my holdings. I think they will be working very hard to turn this around. Rich

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