ADTRAN !?! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ADTRAN !?!

ADTN 9.860

+5.0%

Feb 6 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Adam Irving who wrote (235)	3/23/1997 2:09:00 AM
From: JB	of 766

Investor Relations reported (phone call) Friday: a) an upcoming (date/time not announced) Analyst Conference Call; b) confirmed there have been no recent public announcements; c) "no idea" on stock behavior; & d) new 100,000 SF facility under construction (have two-50,000 SF now.) I will post date/time of conference call as soon as I get it (they will call)....with results thereafter. Talked to a highly reputable (& resourceful) broker/mgr (with 200K+ shares in his & customers accounts)....who bought more last Friday. His "research" was 100% positive....sales, margins, markets, etc. Does not know who/why drove the stock down....but sees it as opportunity. No info on large block selling. IMO....the drop is tied to the tech fallout....ignoring Adtn's strong fundamentals....compounded by the absence of recent news. I have found no reason for the long term investor to change positions. Appreciate all comments/info/opinions. JB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next