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


To: Tom Hughes who wrote (1314)12/5/2000 9:28:44 PM
From: Tom Hughes  Read Replies (1) | Respond to of 1944
 
Asia-Pacific region is virtually immune to any slowdowns in optical spending.

lightreading.com

From Lightreading, December 5, 2000.

. . .
The research seems to support claims made by some telecom carriers who predict an ongoing strong worldwide optical equipment market, despite setbacks in North America. In an earnings call last week, for instance, CEO William Cadogan of ADC Telecommunications Inc. (Nasdaq: ADCT), cited strong demand among global carriers in blasting Wall Street analysts concerned with a slowdown (see ADC Shares Perk Up ). And this week, the strength of the European market hit the spotlight when Juniper Networks Inc. (Nasdaq: JNPR) won a lucrative equipment contract with a European CLEC (see Juniper Jumps to Germany ).

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This seems to bode well for ADCT and others.

TH