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Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT
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To: Alfredo Nova who wrote (498)2/25/1998 11:46:00 PM
From: James M. Bash  Read Replies (3) of 1250
 
So what did they make for the last three quarters, $0.69?
(Q1-Q3 of '97)

Since they said that the adjustments for the inventory
shortfall MAY affect the full year profitability, I would
guess they'd look at taking a one-time charge probably in
that neighborhood, say anywhere from a quarter (if mostly
insured) to $1/share.

To me, the repeated mention of "$6.82/share" and potential
single digit stock prices seems a tad extreme. I agree
that their timing for coming out with this is unfortunate,
and belated. I for one will look forward to the full
explanation...
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