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Technology Stocks : ADTRAN !?!
ADTN 8.400+6.3%Nov 5 3:59 PM EST

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To: Jan Crawley who wrote (663)2/17/1998 1:56:00 PM
From: TelecosmFan   of 766
 
Jan:

Isn't it a coincidence that at 8:31 am Adtran released company news. HDSL loop support , something that detects an HDSL T1 line outage and switches to a backup. Not a big deal at all.

I figure that over the weekend the Adtran management got together with their PR department and released this news to try to justify the big run-up Friday.

Another point is that short open interest has declined every month since November. The decline from December to January was 32%. This indicates that the public expects the storm has passed for the company. The public is usually wrong.

bye for now,

Ed
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