ADTRAN !?! Message Board

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Technology Stocks : ADTRAN !?!

ADTN 10.35

-0.6%

Feb 10 3:59 PM EST

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To: Ed Frye who wrote (194)	2/4/1997 11:55:00 AM
From: Leo C. Bouchard	of 766

Sorry for the late response. ADTN has been behaving badly of late. Sold out of the last remaining stocks at 40 1/2 today only to see it drop down to 38 5/8 right after, within minutes. Don't know what is going on but I've been getting into a real strong cash position for the last couple of weeks. I really expect the correction everone is anticipating. I'd like to be there picking up some good stocks when it happens. Market timing is tough but we're do. All the earning reports are out etc. ADTN will be back on my buy list somewhere in the low 30's. It was a good performer but so was INTC and I sold it at 164 as well. This is a nervious time for everyone, your not alone. Good Luck!!! Leo PS. Don't take me wrong. I'm not saying ADTN will go down to the low 30's. I hope it stays right where it is, and after the correction, if there is one, I'll buy back in to ADTN even if it is above where I sold it. I'm not giving advise here, just giving you some of my thoughts at this point in time. Again, Good Luck.

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