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

To: James M. Bash who wrote (269)	10/23/1997 5:36:00 PM
From: Rob Preuss	Read Replies (1) \| Respond to of 1250

Good recovery started around 1:30PM today. After plummeting at the open to as low as 16+3/4 (in the first five minutes of trading) and wildly fluctuating thereafter, a solid recovery appeared to take hold around 1:30PM when it climbed steadily back from about 17+1/4 to close at 18+5/16 up 3/16. I think the morning's wild price movement was exacerbated by the synergism between the Q3 earnings (loss) release last night and the fun stuff happening market-wide (due to the Hang Seng troubles with Honk Kong currency and interest rates). I had a buy order in at the open with a limit of 17+7/8. Half the order filled at 17+5/8 and the other half filled at 17+1/4. That brought my average down, but I'm still holding a paper loss. Since I have no more dry powder on hand, I'd like to see ACTM move straight up from here. Rob