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Technology Stocks : ADTRAN !?!
ADTN 8.800-0.3%Jan 9 9:30 AM EST
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To: JAL who wrote (575)10/15/1997 10:41:00 AM
From: Hank   of 766
 
I take offense to your indirect suggestion that I am not credible. Perhaps you too should stick to the facts. I inadvertantly upset some people with my comments about ADTN's 3Q statement. I'm real sorry but I'm sure you'll get over it. I didn't realize that one is allowed to speculate ONLY if the majority of the readers agree with you. I've learned a few hard lessons in the markets over the years by putting too much faith in a companies integrity. I've earned the right to be sceptical. The second you start taking things for granted in the markets, that's when you get screwed. If you haven't already learned this yourselves, then I'm sure you will someday. It happens to everybody.

As for my motivation, I hardly think any comments I make here will effect the movement of ADTN stock. I could care less how you people choose to invest your money. I am only offering my reasons for being short because I wanted to see if any of you have an intelligent arguement as to why this stock is not headed for a correction. So far, you have not. All I've heard is "It's a good company with good management" and "It's chart pattern generated a flag formation, so I bought it." Hardly convincing arguements as to why this stock deserves to trade over 50.

As for understanding me, I don't think any of you know me well enough to make that claim. I'll post again when it's time for me to cover in the not too distant future. Good luck.

Hank
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