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

To: Rob Preuss who wrote (399)	1/17/1998 3:14:00 PM
From: Gordon Quickstad	Read Replies (1) \| Respond to of 1250

Thanks for the heads up on Paul's piece and thanks to Paul for his insightful work. The stock sure seems on the bottom with a PE of around 13. It looks like the risk/reward ratio is very low here for new money. Unfortunately, I'm in with 300 sh at 29.25 and am down 53%. I'm thinking about averaging down; if I double up now, it's still down 26% which is significant and they might miss their earnings expectations, so that's my concern. However, I have a strong feeling that small caps will get a late January kick and that ACTM will start to move with release of the fourth quarter results.