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Technology Stocks : ADC Telecommunications

ADCT 4.300

-0.7%

Nov 28 9:30 AM EST

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To: James R Mohr who wrote (336)	2/18/1998 5:22:00 PM
From: Dennis G.	Read Replies (2) of 1944

Looks like a pretty decent report. Dead on with what they predicted. Only glaring negative I see is GS&A increased from 19% to 22% of net sales. If they had kept that to the same percentage, they would have earned another 7.5 million or 5 cents a share. Wonder what they spent it on. Also shares outstanding up 3.2 million to 136.9 million. I like their statement about 20% growth. Dennis

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