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Technology Stocks : ADC Telecommunications
ADCT 3.560+1.1%3:59 PM EST
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To: renard fox who wrote (1238)10/30/2000 5:41:22 AM
From: OldAIMGuy  Read Replies (1) of 1944
 
Hi RF, I think it's much like the Seinfeld show where George is complaining about "Shrinkage!" P/E's that were sustainable and expanding back 12 months ago have contracted rather dramatically. It has very little to do with underlying fundamentals. ADCT if anything is stronger fundamentally this year than last.

Just a dash of ice cold water causing some shrinkage. Nothing permanent. However, from the way Wall St's handling the situation, you'd think it was like the Bobbet incident!Guess we'll have to see if the surgical reuniting works!

Best regards, Tom
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