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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 (976)5/13/1999 10:27:00 AM
From: rich evans  Read Replies (1) | Respond to of 1250
 
Yes, but no cash -only 9 mill- to support the working capital,cap ex and ramp up required if they can find the customers who will take the risk that they can execute on the new business. This is the main problem and probably accounts for the weakness IMO. Both Companies needed a strong partner to join with. I hope they can pull it together but there seems to be a lot of sellers after the news .

Rich


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