Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (15291)	5/11/1998 4:29:00 PM
From: Moonray	Respond to of 22053

General Cable Shares Could Rise With Internet Use, Paper Says</STRONG></FONT> Highland Heights, Kentucky, May 11 (Bloomberg) -- Rising demand for phone lines and extra wiring associated with access to the Internet has helped General Cable Corp., which makes cable and wire from aluminum, copper, and optical fiber, Investor's Business Daily reported. Last year, the company's sales grew 9 percent to $1.13 billion, compared with a 2 percent sales dip in 1996. While experts say it is unclear whether fiber optic cable production will overwhelm copper and aluminum for use in data transmission, or cheaper metal cable will continue to be in strong demand, the Highland Heights, Kentucky-based company's production of both kinds of cable puts it in a good position for either scenario, the paper said. General Cable stock has more than doubled since the company's initial public offering last May at 21. Left TC last Friday for my cabin. Got my ISP up today. Only a pathetic 30 ghost postings. Guess too many people have sold and a slow drip on the stock price. By the way, small Northern in first 15 minutes during Walleye/Northern Pike opener on Saturday.<g> o~~~ O