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: Rob Preuss who wrote (602)	3/13/1998 3:59:00 AM
From: glenn s. turner	Read Replies (1) of 1250

1) I don't understand why such a large trade didn't show on the Quote-com intraday graph as a very large spike. It may have reported in error on Internet Trader. 2) If such a large trade did take place on an uptick, I believe it would indicate someone had some very positive thoughts on the company's situation. My assumption would be that a market-maker was unloading stock in volume on an uptick to someone with an unusual amount of confidence (investing over $2 million). I noticed that yesterday the volume was down to a little over 80,000 versus over 400,000 the day before and that the price is still holding around 10 1/8. I wish I could be sure the 200,000+ trade was not a reporting error. I should have taken the time to add the trades shown on the Internet Trader to see if they added to the total days volume.

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