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Technology Stocks : ADC Telecommunications

ADCT 3.830

+4.8%

Jan 12 3:59 PM EST

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To: Brian who wrote (435)	4/23/1998 5:03:00 PM
From: Brian	of 1944

Theodosopoulos initiates coverage of ADCT with a buy rating... NEW YORK, April 22 (Reuters) - UBS Securities said analyst Nikos Theodosopoulos initiated coverage of telecommunications equipment supplier ADC Telecommunications Inc. with a buy rating. -- said in report that while the company saw a soft first quarter that caused a major drop in the stock price, analyst sees business rebounding. -- said resumption of close to 20 percent top-line growth in the remainder of 1998 and expense control should lead to an acceleration of earnings growth in the remainder of the year, the report said.

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