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


To: Steve168 who wrote (2168)12/13/1997 6:22:00 AM
From: Lindsey R. Spencer  Read Replies (1) | Respond to of 2326
 
Investers are in the "green valley" of this stock now. No matter what happens in asia, this stock is holding it's own because it really can't go down much more without major news events concerning the stock. My forecast was a retreat to the 7-9 area right in between $5. cash and $10 book value. On a value basis it's probably time for the buy out. Their performing results have been so horrible making expectations low, I think this one gets a buyout in 1998. This best thing this company can do is to try to break even and wait.
"ANET investers get their break in 98"