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Technology Stocks : Adtran
ADTN 8.800-0.3%Jan 9 9:30 AM EST
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To: Bob Goldman who wrote (4)1/20/1996 2:55:00 PM
From: Bill Hofing   of 16
 
Bob: My company sells Adtran products. They have been making ISDN equipment for a long time and they do have a good reputation. They also make T1 and Sub Rate DSU/CSU type equipment and do well with that as well. The way I see it there are too many companies making ISDN stuff. Ascend seems to be the preferred vendor. Cisco is also heavily into the ISDN thing with their acquisition of Combinet. They also have the Courier and Sportster ISDN products. Gandalf is another player as well as Motorola and 3Com. The street price on the products for individual users is really falling fast although the higher end, corporate office, products are holding their own. Anyway, margins on these products must be under pressure ( I know they are for us) so I am looking for newer technologies to invest in. I'm not sure what Adtran is doing in the newer areas such as ATM. I'm not buying Adtran
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