Hi TG,I posted the Harris Technology annoucementa little while...

Hi TG,

I posted the Harris Technology annoucement
a little while ago on hotcopper as I think
the announcement was important.

This stock has merrits if you read there
reports.

Tonight I read all asx announcements
back to 2000.

From what I can tell they have there
own DSL network and seem to be adding
customer after customer.

There network is important as they dont
rely on telstras network to heavily as
they own there own infrastructure.

Looking at there clients, you have froggy
internet using there infrastructure, Dick
smith electronics, acer and now harris
technology selling there product.
+ a host of other good customers.

I guess if you look out a year or two
ADSL / DSL will be the mainstream over
dialup which is mainstream at the
moment. This makes the company
pretty cheap on todays prices with
the future explosion in uptake of ADSL
services which they already have infrastructure in place for.

theres approx 90 million shares on issue
not much really, so market cap is 3 or 4
million dollars on today price and looking
at there re-finance deal gives you the
indication that the people behind this
co have confidence long term in it's
future.

Certainly one to watch at present prices
if you look out a few years from now
as to what the real value of there business
will be worth then due to the high uptake
of ADSL and there own infrastructure.

Rgds,mode.