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Technology Stocks : Arris International PLC (ARRS)

ARRS 31.66

0.0%

Apr 4 5:00 PM EST

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To: tech101 who wrote (60)	2/2/2004 12:01:04 PM
From: tech101	of 661

Spending Lifts Cable patience=BIG$$$$$$ by: goodmunch2003 Long-Term Sentiment: Strong Buy 02/01/04 11:48 pm Msg: 8644 of 8644 =DJ TALES OF THE TAPE: Spending Lifts Cable Gear Makers By Ellen Sheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--For long-suffering suppliers to cable operators, the drought appears to be over. Just six months ago, manufacturers of various electronic gear used by cable companies seemed doomed to an austere diet. Most cable companies were finished with their multi-billion-dollar network upgrades and corporate scandals forced Adelphia Communications Corp. (ADELQ) and Charter Communications Corp. (CHTR) to put their upgrades on hold. Since then, situations at Adelphia and Charter have improved, allowing the two operators to pour money back into network upgrades. And after a period of restructuring, international customers are starting to come back into the fold. To top it off, satellite competition is pushing cable companies to invest in newfangled services such as voice-over-Internet-protocol, or VOIP, video-on-demand, digital video recorders and high definition TV. It seems the good times are rolling again and stock prices, many close to 52-week highs, are reflecting that new optimism. [ARRS SMART MONEY]

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