Is it too late? Sounds like what people asked about MSFT 5 yrs ago!
- Seriously, if you believe that ADSL is a technology which will permeate the industry in a few years, then we can look forwards to double-split-double-split ... for quite some time.
I bought at 15/22/30 over the last few months, and have been quite happy. I am in the industry, and have seen ASDL in action, and truly believe the earnings upside is spectacular -- starting in '97.
Unfortunately for now, the price is driven up by investors that are willing to get in today. You could wait a year to get in and play it safe, trouble is the price per share might be $100 by then, or then again ADSL could flop in the trials, and you would have prevented a loss.
Do your homework, read the threads, and see if you think ADSL is for real. I think it is for real. |
