Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: joemjo who wrote (1000)	5/19/1999 10:26:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 1250

I'd chop $5 million off the numbers for each company, particularly CMCI.

To: joemjo who wrote (1000)	5/19/1999 10:37:00 AM
From: rich evans	Read Replies (3) \| Respond to of 1250

Yes, I would agree that things are looking up. If ACTM does low 80s for the quarter and CMCI does the 32% increase to about 77, then it would seem we have a conservative number of $160/quarter. If they can institute some cost savings and best practices and get the gross margns in the 9-10% range as discussed and net about 3%, with the new 13.25 to 13.5 shares out, the earnings seem to go up substantially to the 36cents range which is just for starts. The PSR seems very low also at .27 when the expert opinions on many mergers talk about a .8 to 1.2 range. Granted these companies with their problems and balance sheet and older facilities/equipment and management are not in the same league as some but I think the price is still way to cheap. I don't understand the market valuations frankly. Heard the HDCO cc yesterday and if they perform as indicated, the stock is much cheaper then others in the industry even though not directly comparable as a board maker versus assemblers. But the SANMs,SLRs seem overpriced in comparison to me nevertheless. I think people overpay for growth especially when these forecasts/business can slow down for a myriad of reasons. Rich