Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rob Preuss who wrote (415)	1/23/1998 5:57:00 PM
From: jeffbas	Read Replies (2) \| Respond to of 1250

It was not clear from your Greenlaw notes if the growth rate you quoted reflected your conversation or past company comments. I would be very interested whether they still think they can grow faster than the industry. Based on Paul's and other comments, I doubt it. Anyway, before their latest mishap, the stock reached (both fall 1996 and summer 1997) a p/e on estimated earnings for the years then underway of 30. Because of the "accident" this company had as well as the industry category selloff, I believe that there will be an extra risk discount built into all the stocks prices, for quite some time to come (maybe forever). The growth rate issue raised above will also affect the p/e.