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


To: Jay Mowery who wrote (1134)10/16/2000 5:16:40 PM
From: max power  Read Replies (1) | Respond to of 1944
 
Hey Buddy, here is one more:

ADC Launches EuroDOCSIS CMTS Access Module for Its Award-Winning Cuda 12000 IP
Access Platform
Date(s): 10/16/00

To view the release click on the following link:

corporate-ir.net



To: Jay Mowery who wrote (1134)10/17/2000 9:13:59 PM
From: Tom Hughes  Read Replies (2) | Respond to of 1944
 
Thanks. A couple analyst comments (lukewarm and cold).

cnetinvestor.com

SG Cowen, 10/17
ADCT (Buy, $27): Everest Connections Signs 3-Yr, $300MM Network Eqpt Contract
ADCT signed a three-year, $300MM contract to supply Hybrid Fiber Coax network equipment and services to Everest Connections, a St. Louis-based broadband service provider. (Source: Business Wire) Everest plans to build and operate broadband networks in at least four U.S. markets, including Kansas City, MO, Minneapolis and St. Paul, Minn. and Tulsa, OK.

cnetinvestor.com

Goldman Sachs analyst Mary Henry lowered 2000 EPS estimate for ADC Telecommunications (ADCT) to $0.46 from $0.55 and 2001 EPS estimate to $0.70 from $0.75, the stock is rated a Market Outperformer.

I have not seen her reasoning for lowering her estimates. This puts her at the low end of the earnings estimates for 2000. According to Zacks, the 30 days consensus is: low $.46, consensus $.48, and high $.54; (the 120 consensus is $.46/$.52 and $.55).

my.zacks.com

TH