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Technology Stocks : ADTRAN !?!
ADTN 8.680-0.1%3:59 PM EST

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To: Hank who wrote (495)8/27/1997 3:10:00 PM
From: TelecosmFan   of 766
 
Hank, no i'm not saying Adtran will go up "in a perfectly linear fashion to 60 - 70. Until Goldman Sachs shot it down today it was going up exponentially.

I say next earnings will be above current analysts estimates. Informed money knows this and hence the strong move recently. Of course there is normal profit taking.

Adtran in some ways have a monopoly; in the sense that Intel does. Pairgain has a different niche.

After the Goldman folks get done shorting, it should resume on up.

I still predict 60 by end of this year.
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