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

To: kolo55 who wrote (533)	2/27/1998 4:23:00 PM
From: rich evans	Read Replies (1) \| Respond to of 1250

I for one would be very interested in what you heard at the conference. Unfortunately my PLXS profits only cover 1/3 of ACTM losses so far.But I was one of the buyers of Actm at 12.5. I bought for the PSR argument you used. I used higher revenues but added in their debt so ratio the same. Also I hope to be able to sell some ACT in 30 days for a tax loss.I was asked today what FLEXF earnings would be? Did you find out any clues? I am still thinking about 2.80. I hope you mentioned ACTM as a good takeover candidate to FLEXF. I figure about .80 shares of FLEX would be fair. <g> Rich

To: kolo55 who wrote (533)	2/27/1998 4:50:00 PM
From: Alfredo Nova	Respond to of 1250

Paul, did you ear anything at the Robertson Stephens tech conference about Tower Semi? Agree with you about ACTM, called Mr Pino, hope he answers thanks Alfredo

To: kolo55 who wrote (533)	2/27/1998 5:14:00 PM
From: Rob Preuss	Read Replies (2) \| Respond to of 1250

Paul, You said <<The Q ended almost two months ago; management must have been aware of the problem shortly after inventory was taken at the end of December. They just delayed publicly telling us for some time.>> I hope you're wrong but I fear you're right. As has been pointed out, I spoke with CFO Greenlaw on 1/23/98 and he specifically told me that he was not aware of any untoward surprises... I posted my notes here (#412). Consequently, I assumed the inventory shortfall was discovered sometime between 1/23 and 2/25. Do you know that inventory was taken at the end of December? Even if it was, its possible that Pino & Greenlaw were still unaware of the shortfall; e.g., if some employees were trying to hide the information from Pino, or if Pino witheld the info from Greenlaw (perhaps if Pino suspected Greenlaw was involved and was investigating this)... there's lots we can speculate at this time since we have so little concrete info just now. Do you know when Pino (or anyone else at ACTM) knew? Yes there was some selloff just before the announcement, and that could have been a result of leaked info, but it seems to me that Pino & Co simply don't know how to stand up straight and tell it like it is... so they postponed saying anything, perhaps hoping they would have the whole story to tell on 2/25... but when they didn't have the whole story to tell, they just further postponed and only revealed the bare minimum. If information has leaked, then somebody knows more than we do... and they could be trading on that info right now!! Does anyone know the current short activity on ACTM? I just checked the EDGAR archives at the SEC website to see what's there: sec.gov Nothing too exciting has been filed recently. Just a couple of 13G/A forms: sec.gov sec.gov The 1st (2/9/98) says Pino owns 5,128,318 shares as of 12/31/97. The 2nd (2/5/98) says "Wanger Asset Mgt" owns 158,000 shares. Plus a 13G form: sec.gov filed 1/29/98 says "Heartland Advisors" owns 600,000 shares.

To: kolo55 who wrote (533)	2/28/1998 10:48:00 AM
From: Alfredo Nova	Respond to of 1250

Paul, it seems like AG Edwards was buying all day 2/27 after downgrading the stock the day before, according to somebody (LT 95) on Yahoo messages How would he know? Would the level II NASDAQ quotes tell you that? I am in the process of upgrading my trading info (I use Discover since 1996), and Web Street offers level II quotes for a monthly fee. If you can know who is buying and who is selling, in a situation like this that would definitely be enlightening. thanks Alfredo