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

To: rich evans who wrote (266)10/22/1997 11:09:00 PM
From: DD™  Respond to of 1250
 
ACTM appears on the FOrtune Top 200 list of small technology firms for the year 2000

forbes.com DD



To: rich evans who wrote (266)10/23/1997 12:02:00 AM
From: j rector  Respond to of 1250
 
Thanks for the interpretation, Rich. I gather that
they are being somewhat conservative in their bookings
and margins--the last thing they want to do is come out
with another warning about missed earnings 2 months hence.
I feel quite comfortable with 98 estimates between $1.30 and
1.80 /share. Even at a forward PE of 15, the stock is cheap.


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