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


To: David Seltzer who wrote (460)2/24/1998 10:01:00 PM
From: jeffbas  Respond to of 1250
 
RE: $19-24 range - stick with my 3 points per quarter increase in the recent high of 18, IF they meet estimates. That is because a number like $1.25 would be a .20, .30, .35, .40 type of progression. If $.40 really was expected for the 4th quarter, I think stock would trade to high 20's by end of year. They already have made $.40 in a quarter and I see no reason why they won't get back there in some time frame.



To: David Seltzer who wrote (460)2/25/1998 10:31:00 AM
From: Rob Preuss  Read Replies (1) | Respond to of 1250
 
<<Lets see what happens tomorrow.>>

Yuck... down almost another buck this morning.

I'll be listening to the conference call tonight.

I too wish I was clever and took some tax-losses on ACTM
last December... I could have averaged down later too!