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Technology Stocks : ADTRAN !?!
ADTN 10.35-0.6%Feb 10 3:59 PM EST

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To: Tom Hua who wrote (395)6/8/1997 1:50:00 PM
From: Badshah J.Wazir   of 766
 
Tom,
I have been following ADTN for the past two years and have been in and out of the stock a few times. The last time I sold at 28 3/4 just a few weeks ago. I would like to get in but am afraid to do so because of possible negative surprise in earnings and revenue. It is near at its support of around 21 1/2. I will not be surprised if it breaks down before the earning report. Long term it is a good company,short term there are alot of ifs. I am particularly concerned about the management attitude towards the ADSL. Lately it appears the ADSL is the buzz word and not having a road map for ADSL may be a risky proposition. ADTN may be left on the station when the train leaves.

Badshah.
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