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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 (536)	2/27/1998 11:04:00 PM
From: David Seltzer	Read Replies (2) \| Respond to of 1250

Rob-Some conjectures: 1.Pino is probably restricted by the company's lawyers from saying too much until the facts come to light. 2.I sold some stock about 10 days ago to reduce the risk of a bad earnings report(obviously,I did not sell enough).Other investors probably did the same a few days before the announcement. 3.If a massive amount of inventory was stolen(e.g. $20 million) it seems inconceivable that some employees would not have noticed the theft,even if the inventory was stolen over a 3 month period. 4.If the company did not use FIFO accounting when costing its inventory something smells. 5.Management needs help(I am being kind).However,Pino controls the fate of the company,and if the pressure gets intense he could sell the company at something more than $12 a share. 6.If Pino was a crook he would have sold-off some shares in the last 6 months.He has not.Has he ever sold any shares? A class action suit has been filed.No surprise.I would assume that the internal and external auditors are working this weekend. Your thoughts? David