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Technology Stocks : ACT NETWORKS

ANET 132.17

-0.2%

12:16 PM EST

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To: Jim Goodman who wrote (2116)	11/15/1997 4:39:00 PM
From: Ben G.	Read Replies (2) of 2326

Jim, Just remember that continued losses may erode the cash and book value very quickly. Cash and book value provide a floor to stock prices when a stock is breaking even or making a profit. When a company is hemoraging, you may discover that the book value that you counted on to provide a floor has disappeared. Ben

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