SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT -- Ignore unavailable to you. Want to Upgrade?


To: rich evans who wrote (1061)8/1/1999 12:57:00 AM
From: jeffbas  Read Replies (3) | Respond to of 1250
 
I am not enchanted with paying over 20 times earnings for this group,
which would be $45 on BHE, 17% above the current price.

Furthermore, I am getting increasingly nervous about the general market action. I would hesitate to buy any stock where I could not see
a potential 50-100% gain in a year or so.

ACTM is in a downtrend, but the downside risk is not large in my opinion. I would like it better at $14. Note this chart:

iqc.com