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


To: jeffbas who wrote (315)11/7/1997 2:27:00 PM
From: rich evans  Respond to of 1250
 
Jeff, to intrude, I think ACTM and others are all part of the consolidation strategy for the industry. And a buyout would be a profit for all of us. Right now ACTM at 14.5 looks like a buy again . I am putting in an order.

Rich



To: jeffbas who wrote (315)11/8/1997 3:06:00 PM
From: Asymmetric  Read Replies (1) | Respond to of 1250
 
ACTM Hit New Low of $14 On Friday.

Guess I couldn't help myself, and picked up 3,000 sh
at $14 1/2. Since many fundamentals on ACTM have been
discussed elsewhere on this thread here's another angle.
Did some looking up, and saw this stock closed trading
on July 1st at 41 3/4. So stock has lost over $27,
or 65.3% in little over 4 months. Can't see stock
going much lower from here, but then stranger things
have happened. A mere 3 point rise back to $17 1/2
would be a 20% gain from this price level.
Pretty close to a gimme in my opinion.