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A Cheering Section for ADC Telecommunications, The Telecomm Analyst News.


Business Editors

NEW YORK--(BUSINESS WIRE)--May 23, 2000

On May 18, U.S. Bancorp This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
You can assist by [ editing it] now.
 Piper Jaffray reiterated its strong buy on JDS Uniphase (Nasdaq-JDSU), prompted by the retirement of CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Kevin Kalkoven, who the firm called a "key industry visionary. On May 19, Salomon Smith Barney reiterated its 1H rating (buy, though the risk is high) on the ADRs of Europe's Colt Telecom (Nasdaq-COLT). Following ADC (1) See A/D converter.

(2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable.
 Telecommunications' (Nasdaq-ADCT) announcement of fiscal second-quarter earnings, Chase H&Q, U.S. Bancorp Piper Jaffray and CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities.  all reiterated their strong buy rating on the component manufacturer. Chase, in its May 19 report, is particularly impressed with ADC's announced acquisition of Pairgain (Nasdaq-PAIR), a DSL DSL
 in full Digital Subscriber Line

Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary
 company.

To find out more about this week's Analyst's strong buys, read the article in Multex.com's The Telecomm Analyst(sm), http://www.telecommanalyst.com/individual/000523.html

Companies profiled:

JDS Uniphase (Nasdaq-JDSU) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=jdsu

Colt Telecom (Nasdaq-COLT) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=colt

ADC Telecommunications (Nasdaq-ADCT) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=adct
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Publication:Business Wire
Date:May 23, 2000
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