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Technology Stocks : ADC Telecommunications
ADCT 4.230+1.2%Dec 12 9:30 AM EST
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To: Jay Mowery who wrote (1372)1/9/2001 4:27:04 PM
From: Rainmaker  Read Replies (1) of 1944
 
Just added another part of my eventual position in this company outside of the 401k. I picked up some at 19 last week and made another purchase today at 16. I plan to buy over 5 sessions and then sit back and see us go to 50 and higher this year.

After the CES show, I'm convinced the need for broadband is real AND NECESSARY. The only void that ADCT cannot fill is satellite. All things being equal, assuming we cut the broadband pie into 3 pieces, ADCT can supply 66% of the market - and this only applies to the US. Satellite is not that big internationally, and cable is not an issue. The phonelines will provide most of the bandwith overseas.
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