ADCT will go UP
$24.00 on 12/05/08
$7.28 (-55.69% from time of market call)
ADC is a provider of broadband communications network infrastructure products enabling the delivery of high-speed Internet, data, video and voice communications over wireline, wireless, cable, enterprise and broadcast networks. In short, these are the people who are going to allow us to watch tv and videoconference from our cellphones. As new infrastructure need to be build to accommodate on the newly acquired spectrum by the VZW, ATT, etc, ADC will see checks in the mail. Recent upgrades and a tendency to response positively to news show there is foundation behind its current 3mth rise.
This is a buy