ADTRAN !?! Message Board

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Technology Stocks : ADTRAN !?!

ADTN 8.670

-1.0%

Dec 29 3:59 PM EST

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To: Don Dodge who wrote (559)	10/10/1997 6:04:00 PM
From: TelecosmFan	of 766

Don, This stock has not done anything since July 5 when it was a $23 stock. If it was worth 23 then why is it worth than 45 now? To double in price don't you think some good earnings are in order? Which should come first? I have followed this stock since it went public and have seen it's PE go from 25 to 50 over and over. When the analysts rate a stock a strong buy that is definitely the time to sell. Although I like this company I do not feel it is worth 50 times earnings. 3Q earning will be out next week and I don't think they will be very impressive. Technical indicators are also getting weaker. Too many times have I seen it pumped up and then sold off. I love the company but want to make money, that is why i'm short. Ed

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