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

To: Paul Senior who wrote (1217)	8/9/2000 12:25:17 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1250

[ACT Announces New Global Organization] Wednesday August 9, 11:16 am Eastern Time Press Release SOURCE: ACT Manufacturing, Inc. ACT Manufacturing, Inc. Announces New Global Organization HUDSON, Mass., Aug. 9 /PRNewswire/ -- ACT Manufacturing, Inc. (Nasdaq: ACTM - news) announced today a new organization structure in support of the Company's position as a global provider of high technology contract manufacturing solutions. Included in this announcement are the appointments of Mr. Jack O'Rear and Mr. Blaise Scioli to the newly created position of Executive Vice Presidents of the Company. Recently the Company announced the appointment of Mr. Robert Zinn to the position of Executive Vice President of European and Asian Pacific Operations. Mr. O'Rear is the Executive Vice President of Operations for The Americas, where he is responsible for the management of all manufacturing operations including production, materials, engineering, test, and quality systems in the region. O'Rear joined ACT after the acquisition of CMC Industries, Inc, where he had been Chief Operating Officer since 1996 and President of CMC's Mississippi Operations since 1994. Mr. Scioli is the Executive Vice President of Global Marketing and Business Development and is responsible for the development and integration of worldwide sales strategies, including the formation of the Company's new European sales organization. Scioli joined ACT in 1987 and has held a number of senior positions including Vice President of Sales and Marketing. Most recently he was the Vice President and General Manager of the Company's Cable and Electromechanical Assembly Division and will continue to maintain those responsibilities. Mr. Zinn is the Executive Vice President of European and Asian Pacific Operations, where he is responsible for the management of all manufacturing operations including production, materials, engineering, test, and quality systems at ACT's European and Asian Pacific manufacturing facilities. Zinn comes to ACT from recently acquired GSS Array, where he held the position of CEO since 1994 and President since 1990. Other appointments within the new organization include Mr. Gary Barnier, Senior Vice President of Operations in The Americas where he is responsible for the operation of ACT's manufacturing facilities in Massachusetts and California, and Mr. Mike Driste, Senior Vice President of Operations in The Americas, responsible for the operation of ACT's manufacturing facilities in Georgia, Mississippi and Mexico. The company recently announced the appointment of Mr. Jim Menges as Senior Vice President of Operations for Asia. Commenting on these appointments, Mr. John A. Pino, President, CEO and Chairman of ACT said, ``This new organizational structure will bring leadership and focus to the continued growth of ACT's global operations and business development efforts. The management team is strong in terms of time and experience in the industry as well as dedication to the principles of this Company which makes them ideally suited for these roles. ACT is a company dedicated to meeting the needs of its customers. These appointments ensure that the company can continue to serve as a global, valued partner to all its customers,'' added Pino. ACT Manufacturing, Inc., headquartered in Hudson, Massachusetts, provides value-added electronics manufacturing services for original equipment manufacturers in the networking and telecommunications, computer and industrial and medical equipment markets. The Company provides OEMs with complex printed circuit board assembly primarily utilizing advanced surface-mount technology, mechanical and molded cable and harness assembly, electro-mechanical subassembly, and total system assembly and integration. The Company has operations in California, Georgia, Massachusetts, Mississippi, Mexico, Ireland, Thailand and Taiwan. SOURCE: ACT Manufacturing, Inc.

To: Paul Senior who wrote (1217)	8/17/2000 11:20:58 AM
From: Rob Preuss	Respond to of 1250

[CSFB has "Strong Buy" on ACTM. Target $70-73.] Thursday August 17, 9:38 am Eastern Time RESEARCH ALERT- ACT Manufacturing restarted NEW YORK, Aug 17 (Reuters) - Credit Suisse First Boston said analyst Herve Francois on Thursday reinstated coverage of ACT Manufacturing Inc. (NasdaqNM:ACTM - news) with a strong buy rating and a 12-month target price of $70-73. -- Additional details were not immediately available. -- Shares of ACT Manufacturing opened up 5/32 to 47-5/32 on the Nasdaq, below a year high of 57-3/8 and above a 52- week low of 18-5/16.