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Technology Stocks : ADTRAN !?!

ADTN 9.400

-0.7%

Feb 5 3:59 PM EST

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To: Greg h2o who wrote (244)	3/25/1997 9:05:00 PM
From: JB	of 766

Thread: Understand institutions hold 12% of stock. With earnings (all announcements/info I've found are positive) coming out April....will institutional holdings will drop below 12%? What's the largest block traded today? (I saw a 30,000 trade.) Feb 7 conference call projected 53% & 80% 1997 sales growth (prior year was 70.6% & 40.8%) for HDSL/T1 & ISDN. This represents 'bout 70% of sales. Have these projections changed? Short term....no supportable opinion.... Long term....I'm a buyer @ 24....& up. Good Luck to All!!!!

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