ADC Telecommunications 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 : ADC Telecommunications

ADCT 3.575

+1.0%

11:57 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BWAC who wrote (1848)	11/28/2001 6:49:14 PM
From: E.J. Neitz Jr	Read Replies (1) of 1944

Report in line. Prospects still dismal. I looked at the financials and I did not like the almost 50% drop in R&D (used R&D) to get their numbers to meet street estimates. Huge drop year over year in cash and marketable securities. Looks like tangible book drop to below $2/share--maybe around $1.70's. Going into the report I held 300 shares and sold them during the extended session. With the general stock market correcting again decided to step aside from this until sometime next year unless this gets close to $3 per share. Just my take and maybe I'll regret selling. Good Luck all.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next