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Technology Stocks : ANTEC Corp. (ANTC)

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To: MikeM54321 who wrote (515)12/30/1999 3:06:00 PM
From: PaperChase  Read Replies (3) of 847
 
"And is putting ANTC squarely in front of the broadband train"

I don't question their strategic direction. I do question why the management of this company is missteping around earnings at the very time they should be greatly excelling. These are the best of times in the cable industry, a far cry from the lean times a couple of years ago. IMHO, this earnings fiasco during the best of times is the direct result of poor management. Management is more than just one person and as a group they aren't cutting it. With the exception of the Arris JV telephony products, ANTC sells many low tech products. How do I know this? All I have to do is look at product margins.

The stock is going to be manipulatively bounced all around so perhaps the worst is behind ANTC holders on the price action. I believe that when the Nasdaq 100 corrects soon (it is overdue), ANTC will be a $21 stock. This my guesstimate since the 'ol crystal ball broke many months ago. Good trading to you.
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