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

To: Gordon Quickstad who wrote (538)	2/28/1998 6:34:00 PM
From: Rob Preuss	Respond to of 1250

LOS ANGELES--(BUSINESS WIRE)--Feb. 27, 1998--The Law Offices of Lionel Z. Glancy Friday released the following statement. Pursuant to Section 21(D)(A)(3)(a)(i) of the Securities Exchange Act of 1934, Notice is hereby given that a Class Action has been commenced in the United States District Court for the District of Massachusetts on behalf of a class (the ''Class'') consisting of all persons who purchased the common stock of ACT Manufacturing, Inc. (''ACT'') (Nasdaq:ACTM) between October 1, 1997, and February 25, 1998, inclusive (the ''Class Period''). The Complaint charges ACT and certain of its officers with violations of federal securities laws. Plaintiff complains that ACT's results, as reported by defendants, did not accurately reflect ACT's true financial position and results of operations. Late on February 25, 1998, ACT first announced it has postponed reporting fourth- quarter and full-year results, citing a significant inventory shortfall that it expected to have a material impact on operating results. The next day ACT's stock plummeted, losing more than a quarter of its value. Plaintiff seeks to recover damages on behalf of Class members and is represented by the Law Offices of Lionel Z. Glancy, a law firm with significant experience in prosecuting class actions, and substantial expertise in actions involving corporate fraud. If you are a member of the Class described above, you may move the Court, not later than 60 days from February 27, 1998, to serve as lead plaintiff; however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Lionel Z. Glancy, Esquire, or Michael Goldberg, Esquire, of the Law Offices of Lionel Z. Glancy, 1801 Avenue of the Stars, Suite 308, Los Angeles, California 90067, by telephone at 310/201-9150 or by e-mail to lglancy@aol.com. CONTACT: The Law Offices of Lionel Z. Glancy, Los Angeles Lionel Z. Glancy or Michael Goldberg, 310/201-9150 lglancy@aol.com