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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 (417)1/23/1998 6:23:00 PM
From: jeffbas  Read Replies (1) | Respond to of 1250
 
Disagree. Traditional investment analysis looks at a stock price as the present value of future earnings at a suitable discount rate. In the case of ACT for sure, that discount rate should be higher (= lower
price) because of increased risk of accidents (earnings stream is not assured).

Did you talk to Greenlaw about growth rate??



To: Rob Preuss who wrote (417)1/27/1998 11:05:00 PM
From: Alfredo Nova  Read Replies (1) | Respond to of 1250
 
Rob,
I had access to a AG Edwards report, rated buy, with a target of doubling the price (26-28) in 12 mos.
It seems like the company is doing the right things. We shall see what the further mos bring.
good luck to all,
Alfredo