Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: alruss who wrote (1163)	2/17/2000 9:20:00 AM
From: Rob Preuss	Read Replies (1) \| Respond to of 1250

[CC highlights (from Yahoo!)] These ae not my words, but it seems to be an accurate summary of conference call: +++++ The biggest thing first: COMPONENT SHORTAGES: Significant delay in shipping, even though could ship it all. Causing back-end loading and higher interest. Continue in 2000 q1 and once again will cause back end loading. BUT WILL NOT RESULT IN LOOSING ANY BUSINESS. ( This is one of the most positive things conmsidering slaughter of SLR and this cloud hanging over whole sector ) - Business environment excellent, Lots of growth opp, OEM divestitute and acquisition. - 4 new customers for this Q: Communication and networking: Syracuse, IPD, NEC, Netra (Hope they are right names ) - Company doubled in size, - Integration of CMC and Gss/Array complete. - Top and bottomline as per the expectation. - Exciting opportunuities for growth. Alcatel continue to expand - Network and Telcom 71% of business in Q4 8.5% gross margin As expected expanded From 8.5% to 9% gross margin increase possible. We are working on lower cost. Q&A ---- Q- - When inventory level to normal? End of Q Lot of inventory and ALL STILL THERE as per audit ( LOL :) ) Flat or slightly down next Q - - Huge Surge in Alcatel business. Q- FY 2000 Rev 1 Bil ? A I will be extremly disappointed with just that !!!!!!!!!!!!!!!!! Acquisition opp very nuch there. OEM divestitute: Europe very much possible. Far east. - Large competitors what about the CSCO of the world. Mid-Tier high velocity business short term. Long term surely CSCOs also. Great growth is there! And we will continue to beat estimates!!! - We continue to book more than we can ship! - Motorola continue to be strong. - Ascend is complete gone last Q. In 4Th Q 0. BUT WE GREW AS PER EXPECTATION. Continue to diversify business. Bad business we do not have to hold. - 70%(?) growth rate with LU as customer. +++++

To: alruss who wrote (1163)	2/17/2000 10:32:00 AM
From: Rob Preuss	Respond to of 1250

[More detail on the CSFB upgrade to Strong Buy.] Thursday February 17, 10:15 am Eastern Time RESEARCH ALERT-CSFB ups ACT Manufacturing NEW YORK, Feb 17 (Reuters) - Credit Suisse First Boston said it raised its investment rating on ACT Manufacturing Inc. to a strong buy from buy. -- The company reported a fourth quarter profit of $5.1 million, or 33 cents a share, compared with consensus estimate of 35 cents, compiled by First Call/Thomson Financial. -- Analyst Herve Francois said the upgrade was ``due to higher revenue and EPS expectations from new customer wins and existing customers.' -- Shares were trading at 34-1/2, up 2-1/2 in early Nasdaq trading.