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Technology Stocks : ADC Telecommunications
ADCT 4.380+8.8%Nov 24 3:59 PM EST
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To: THMichael who wrote (381)3/4/1998 10:47:00 AM
From: Nevin S.  Read Replies (3) of 1944
 
THMichael,

I agree. I bought in @ 23 two weeks ago and I am convinced this is a great company. As I eluded to yesterday in my post, besides products/technology being great, management disclosure is excellent. The Street doesn't like surprises and ADCT does a good job of guiding earnings estimates and keeping the public informed.

From their 10K, I understand that a portion of their business comes from connectivity products similar to Cabletron Systems. My guess is that on Mon. when CS warned that they would not meet their estimates, the Street found ADCT guilty by association.
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