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Technology Stocks : ACT NETWORKS -- Ignore unavailable to you. Want to Upgrade?

To: Pete who wrote (2149)	12/1/1997 9:07:00 PM
From: Lindsey R. Spencer	Respond to of 2326

I am so glad I sold this stock at 11.75 and watched it go higher after the sale, then came the crash to 8, and it's not over yet. Now I look like a genius...but the stock is starting to look interesting again. (Is it possible to time the bottom?) Suppose Oscar is right in there with the market expecting a horrible quarter. But the lower this stock price goes, the closer we are to the idea of a real smart company coming in and just buying it up. Does this company have any poison pills in place to protect management from their mistakes? If not, this stock could get real interesting if it would go to 6. I feel sorry for you folks that have held long on this one, live and learn. Hold quality long term, not speculative issues. (I've had to learn this lesson the hard way too.)