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Technology Stocks : ADTRAN !?!
ADTN 8.760+0.8%10:34 AM EST

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To: Hank who wrote (500)8/31/1997 7:37:00 PM
From: Kendell Phillips   of 766
 
Hank,

Cover your short as soon as possible. I am not saying this stock is worth 60 or 70 , but it is in a techinical pattern that puts it at 55 in the next month. Not based on fundamentals but buyout rumors and recent German Internet user surges are driving PAIR and ADTN up fast. If you like selling short there are many more attractive shorts.
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