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 2:17:00 PM
From: kolo55	Read Replies (2) of 1250

I'm having a lot of problems with my connection today. And yesterday as well. Its a good thing I use a separate system for quotes and trades. My last message was posted twice, and SI won't let me cancel a posting out right, so i thought I'd talk a bit more. I wonder who is selling? Some have suggested that this is tax loss selling. I tend to agree. But from what I know, most money managers and mutual fund managers have to close their books for tax purposes by the end of October, so tomorrow is the last day for selling and getting to take the loss on this year's books. Can anyone else confirm this? Then individuals get until Dec 31 to take tax losses. This could be another reason for the weakness today. Paul

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