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Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT -- Ignore unavailable to you. Want to Upgrade?

To: joemjo who wrote (1126)	11/19/1999 12:58:00 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1250

ACT Manufacturing, Inc. Announces Public Offering HUDSON, Mass., Nov. 19 /PRNewswire/ -- ACT Manufacturing, Inc. (Nasdaq: ACTM) announced today that it has completed a public offering of 3,025,000 shares of its Common Stock. The offering consisted of 2,775,000 shares of Common Stock offered by ACT and 250,000 shares offered by selling stockholders, priced at $26.0625 per share. The offering was managed by Credit Suisse First Boston, CIBC World Markets, SG Cowen and J. C. Bradford & Co. The underwriters have an over- allotment option to purchase up to 453,750 additional shares of Common Stock from the Company and the selling stockholders. ACT Manufacturing, Inc., headquartered in Hudson, Massachusetts, provides value-added electronics manufacturing services to original equipment manufacturers in the networking and telecommunications, computer, industrial and medical equipment markets. ACT provides OEMs with complex printed circuit board assembly, primarily utilizing advanced surface mount technology, electro-mechanical sub-assembly, total system assembly and integration and mechanical and molded cable and harness assembly. ACT has operations in Hudson, MA; Mansfield, MA; Lawrenceville, GA; Corinth, MS; Santa Clara, CA; Huntsville, AL; Dublin, Ireland; Hermosillo, Mexico; and Taipei, Taiwan. A copy of the final prospectus related to this offering may be obtained by contacting the Prospectus Department of Credit Suisse First Boston, 212-325-2580. You can also view the registration statement on the Internet at sec.gov. SOURCE: ACT Manufacturing, Inc. CONTACT: Jeffrey B. Lavin of ACT Manufacturing, Inc., 978- 567-4089; or general info., Doug DeLieto, analyst info., Jean Young, of The Financial Relations Board, 212-661-8030