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Technology Stocks : ADC Telecommunications -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (1029)9/20/2000 10:34:10 AM
From: Bosco  Read Replies (2) | Respond to of 1944
 
Hi all - with regard to BAS acquisition, one has to wonder if ADCT is expanding too much on the back of existing shareholders. I mean, I understand this is the name of the game, to acquire or be acquired, but buying in face of falling *currency* tends to make it more dilutive. $500MM revenue is no small number, to be sure. Unfortunately, mgt chooses to pushing it out to far down the road. 2004/5 is a long time! So, who are they kidding?

My guess is that I am not the only one. Usually, buying a private company lessens the effect of arbitrage action. ADCT still gets hit with a 10%.

Sorry if I don't sound too happy about this --- and I am not!

best, Bosco