ADC Telecommunications Message Board

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Technology Stocks : ADC Telecommunications

ADCT 4.180

+6.6%

12:05 PM EST

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To: Rainmaker who wrote (965)	8/29/2000 6:29:47 PM
From: FBarron	Read Replies (2) of 1944

<the MMs were playing with this stock> Glad to see the old Pairgainers taking over the ADCT board. The quality of interchange here has been a little lacking IMO. I'm still a little staggered by the recent downturn, but I've held it all the way. Do you really think the MMs have the kind of influence to produce a downward move on a company like this? Geez, 80 or 90 million shares must have traded since earnings. I thought that it would have taken a lot more than that just to overercome the seemingly upward momentum going into earnings, but gosh the momentum had already swung by about 9:30 that morning. Relentless pressure downward for over a week, too. I'm sitting there watching all those hard sweated out Pairgain profits disappear while riding an earnings beating, revenue banging, underperformer acquiring, high tech manufacturing beast down the tubes.... and heard noone say that even the whisper number wasn't met! WHAT GIVES?

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