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Technology Stocks : ADC Telecommunications

ADCT 3.510

-0.6%

Dec 26 9:30 AM EST

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To: Bosco who wrote (1030)	9/20/2000 6:12:08 PM
From: The Philosopher	Read Replies (2) of 1944

Unfortunately, mgt chooses to pushing it out to far down the road. 2004/5 is a long time! To traders, yes. To investors, no. My personal time frame is 5 years. I am looking for stocks that more than double over 5 years. (This is about 20% better than the historic stock market. IMO anybody who thinks they can sustain 50%+ growth over the long haul is smoking something that the FDA would not approve of.) Anything above that is gravy. (Fortunately, I've been eating a lot of gravy recently! And ADCT has been part of the reason, along with some other cuties.) But it's refreshing to me to see a company that openly talks about its prospects five years down the road, instead of sacrificing its long term prospects for the next quarter's earnings. I have liked ADCT's mangement for a long time. (Good thing -- I don't invest in mangements I don't trust or believe in.) This merely confirms that they are the kind of mangement I want to leave my dollars with.

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