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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.28-0.5%Dec 1 4:00 PM EST

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To: pater tenebrarum who wrote (25320)9/9/1999 8:55:00 AM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Heinz, see ECIL, (P/E around 12) they have a contract with Deutsche Telecom for ASDL's it is a quite important second win.

Goldman already is bidding it up 3/4 to 27 3/4 this stock can have wild moves.

Deutsche Telekom Announces Its Intent to Award New Orders for ECI Telecom's ADSL Broadband Access Solutions

PETAH TIKVA, Israel--(BUSINESS WIRE)--Sept. 9, 1999-- ECI Telecom's ADSL-based Hi-FOCuS Equipment to Deliver Broadband

Access Solutions to 84,000 Deutsche Telekom subscribers in the year 2000 ECI Telecom Ltd. (NASDAQ/NM symbol: ECIL) announced today that it has been chosen by Deutsche Telekom AG to supply its ADSL-based Hi-FOCuS solutions.

ECI Telecom's Hi-FOCuS systems will be deployed by Deutsche Telekom to deliver Broadband Internet, Video, and multimedia services to an additional 84,000 subscribers throughout Germany in the year 2000.

The new contract follows Deutsche Telekom's successful implementation of its original ADSL program, initiated in September 1998, of which ECI Telecom was awarded a significant portion.


BWDIK
Haim

BTW I am long this stock.
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