Hi Tom: On ADCT. Found this out on the Yahoo message board. I think I'm going to transfer my ADCT to Waterhouse and begin to AIM it. Looks like a nice play in infrastructure no?
NEW YORK, Jan. 11 /PRNewswire/ -- The Wall Street Transcript has published an in-depth interview with William Cadogan, CEO of ADC Telecommunications, Inc. (Nasdaq: ADCT) in which he talks at length about his company's future. The entire 3,000-word interview is available free online at twst.com. He states, "ADC is focused on the largest opportunity in our industry, building and upgrading the infrastructure -- not only in the U.S., but around the world -- to support higher speed applications for Internet access, video and voice services in the "last mile/kilometer" of communications networks. We're excited to be a leading supplier to a worldwide industry that spends over $1 billion daily on equipment, software and services to build and upgrade communications networks. Building and upgrading the "last mile/kilometer" of the network is indeed the sweet spot of communications capital spending." He explains, "Our 'triple-play' package of network equipment, software and integration services has significant appeal to both the large, incumbent service provider upgrading and expanding its network, and the new competitive service provider without the technical resources and the people necessary to build a network." Looking forward, he states, "Our customers buy any and all levels of ADC's triple-play" offerings, including ADC doing a turnkey network implementation on behalf of that customer. With a well-founded strategy and strong global demand to build and upgrade broadband, multiservice networks, ADC has a vibrant and growing customer base."
Regards, Trolling in Trent |