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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Jul 16 9:30 AM EST

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To: kash johal who wrote (574)8/26/1998 12:26:00 PM
From: Tom Todd  Read Replies (1) of 674
 
Yeah, Kash, at today's price of $10, I would think ACTL would be attractive to any of the companies you mention. They run $40M per quarter at 60 pts GP and have a solid loyal customer base. Who wouldn't want to acquire that at the bargain price of 16 times earnings...

By the way, ACTL and Quick just announced a settlement of their patent litigation, financial terms not disclosed:

biz.yahoo.com
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