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: Joseph Beltran who wrote (468)	2/25/1998 5:14:00 PM
From: Rob Preuss	Read Replies (2) of 1250

The CC is all over... lasted less than 5 minutes! They said John Pino and Doug Greenlaw were both there, but only John spoke. He read a prepared statement and sounded VERY VERY STRESSED OUT. John said 1997 was a very painful year. said they found an inventory shortfall during their fiscal year inventory. said that, depending on the insurability of the shortfall, it could have a material impact on results. said the shortfall will have no effect on deliveries to customers or on customer service. said they are still investigating the shortfall and will report as soon as possible. said they're postponing the report of their Q4 & FY results until they've completed this investigation. Ugh.

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