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Adc Telecommunications, Inc. (ADCT) [hlAlert]

Rating:
Buy ADCT
down 68.82 %

Adc Telecommunications, Inc. (ADCT) rated Buy

Posted on: Thursday,  Sep 6, 2007  11:25 AM ET by CE Unterberg Towbin

CE Unterberg Towbin rated Buy Adc Telecommunications, Inc. (NASDAQ: ADCT) on 09/06/2007, when the stock price was $19.92.
Since then, Adc Telecommunications, Inc. has lost 68.83% as of 12/09/2010's recent price of $6.21.
If you would have followed this CE Unterberg Towbin's recommendation on ADCT, you would have lost 68.82% of your investment in 1190 days.

ADC Telecommunications, Inc. (ADC), is a provider of broadband communications network infrastructure products and related services. The Company’s products offer solutions enabling the delivery of high-speed Internet, data, video and voice communications over wireline, wireless, cable, enterprise and broadcast networks. These products include fiber-optic, copper and coaxial based frames, cabinets, cables, connectors and cards, wireless capacity and coverage solutions, network access devices and other physical infrastructure components for communication networks. In addition, ADC provides professional services relating to the design, equipping and building of networks. ADC offers all its solutions and services through four business segments: Connectivity, Wireless, Wireline and Professional Services. On December 3, 2007, the Company completed the acquisition of LGC Wireless. In January 2008, the Company completed the acquisition of Century Man Communication.

C.E. Unterberg, Towbin is a full service investment-banking firm focused on technology companies. The firm offers a range of services including direct investments and private placements of equity, initial public offerings and follow-on offerings, corporate financial advisory, and mergers and acquisitions, research, sales and trading, and money management products. The firm supplies capital through its merchant and investment banking activities, including direct investments, private placements, and public offerings. Its research, sales, and trading activities focus on the buyers of technology stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/6/2007 11:25 AM Buy
None
19.92 23.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  23.21 %

(*) Stock Price at the time of the recommendation.
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