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Technology Stocks : ADTRAN !?!
ADTN 9.475-1.4%11:44 AM EST
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To: Daniel Simon who wrote (333)4/25/1997 9:26:00 AM
From: Leo C. Bouchard   of 766
 
I think that was Marks way of saying "it would be some time in the future." And not in the near future. I don't feel Mr. Smith is out of touch with the markets. The stockholders meeting was quite impressive. About 95% of the stock holders were represented at the meeting. He knows his stuff and everyone was hanging on his every word. I like his comment about some companies let the mutual funds run them by doing everything in there power to make there books look good just before the end of the quarter. They dump product on the market to get it out of there warehouses. Mark said this is when he went shopping to get deals especially in software. He does not try to get ahead of himself.
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