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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?


To: Dr. No who wrote (1274)12/8/1998 6:53:00 AM
From: Ausdauer  Read Replies (1) | Respond to of 3299
 
I encountered this information from several sources during the course of due diligence and assumed it was common knowledge. This is one source...a capsule from the WSJ services...

Advanced Fibre Communications

 Left out of the loop? Advanced Fibre Communications (AFC) makes the Universal Modular Carrier 1000 (UMC) system, a digital local loop carrier that gives telephone companies, cable TV broadcasters, and other telecommunications providers a low-cost method of delivering voice, video, and data signals to nonurban service areas. The system has been sold to more than 600 phone companies in the US (including Ameritech and GTE) and to companies in Asia, Europe, and Latin America. Cable television companies also employ UMC to help them provide phone service over their cable systems. AFC's latest UMC system can handle about 2,000 subscribers. Telecom equipment maker Tellabs owns 8% of AFC.

Ausdauer



To: Dr. No who wrote (1274)12/8/1998 8:22:00 AM
From: riposte  Read Replies (3) | Respond to of 3299
 
Re: TLAB and AFCI

An interesting point to remember is that as recently as last year, TLAB owned QUITE A BIT of AFCI, and sold most of their holdings.

They never stated why. I never understood that move; it seemed to me that AFCI and TLAB fit pretty well.

Go back to earlier TLAB financial statements for details.

Steve