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Technology Stocks : ADC Telecommunications

ADCT 4.170

+2.8%

12:40 PM EST

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To: jay loch who wrote (446)	5/16/1998 3:07:00 PM
From: John Carragher	Read Replies (1) of 1944

Cover story in Barrons today... international phone companies and Castro was one of the the three analysts in the interview. Question anything else he sees in the usa. response. Castro: Two makers of equipment used in broadband systems: ADC Telecom and Cisco Systems. ADC earned 83 cents a share in 1997. We see $1.07 this year and $1.37 in 1999. The stock recently was 31 3/8 . Our target is 36 1/2 within 12 months.

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