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Technology Stocks : ADTRAN !?! -- Ignore unavailable to you. Want to Upgrade?

To: TimeToMakeTheInvs who wrote (746)	6/9/1999 9:46:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 766

Time - I bought in at 22&1/2 a couple of weeks ago just as Adtran started its move. I was tipped off by MikeM on the Last Mile thread that Adtran occupied the same position relative to DSL that Antec does with HFC. I checked out the valuation on stockselector and found it has a PEG of about 30. S&P gives it 4 stars because it is the primary provider for HDSL for 5 out of the 8 RBOCs. IMO, the stock has good potential for the next few years but its product line is old. Ken