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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (1866)8/20/1998 1:43:00 AM
From: MikeM54321   of 12823
 
8/19/98--"ADC Telecommunications Inc. (ADCT) posted third-quarter net income of 30 cents a share compared to 25 cents a share in the year ago period. Analysts polled by First Call expected a profit of 28 cents a share."
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Thread,
I responded to my first post concerning ADCT. There were some great replies to that post that are worth going back and reviewing. You guys in the business, sure know your stuff.

Anyway, looks like ADCT(see above) did well in their last quarter.

Speaking generally, the networkers/telecom suppliers are about the only group that has never been hit by Asia excuses, yet. I'm still impressed. They beat projections, quarter after quarter, based on earnings that have never been downgraded. I still don't believe the street realizes this.
MikeM(From Florida)

PS I just double-checked and ADCT earnings were not downgraded for this latest quarter. For 90 days they have been at $.28/share.
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