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Technology Stocks : ADTRAN !?!
ADTN 8.680-0.1%Jan 2 9:30 AM EST
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To: Kendell Phillips who wrote (501)9/1/1997 1:05:00 PM
From: Hank   of 766
 
Kendall,

Another thing to remember,as Ed said earlier, is that Goldman Sachs down graded ADTN from a "trading Buy" for a good reason. The intention was to drive the stock down temporarily so that the shorts could cover before the stock resumes it's upward trend. You have to read between the lines with these guys. I don't think thier greed will be satisfied until the stock drops another point or two.

Hank
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