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Technology Stocks : ADC Telecommunications -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (696)6/23/1999 1:30:00 PM
From: geoffrey Wren  Read Replies (1) | Respond to of 1944
 
ADCT market cap is 6.23B per Yahoo. The Saville deal is worth 700m per news release, or about 11% of market cap. The stock has tanked about 14% since the announcement about Seville. Surely no one thinks Saville is a net liability. My guess is that this was just a catalyst for profit taking in a nervous market. Might be a good time to add some ADCT stock to the portfolio.

GTW