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

To: Johnny Canuck who wrote (728)	7/30/1999 4:35:00 PM
From: OldAIMGuy	Respond to of 1944

Hi Harry, I'll check this weekend..... Been screwing off myself and hadn't seen the huge volume. Thanks for bringing it up. ADCT's been in this price range for quite some time. Have to admit that the price was rather stabile considering the volume. The term "orderly transfer" comes to mind. Must have one hell of a good market maker working for them. Best regards, Tom

To: Johnny Canuck who wrote (728)	7/30/1999 5:25:00 PM
From: norm chin	Read Replies (1) \| Respond to of 1944

"...Does anyone see any news/upgrades to account for the heavy volume and almost no movement in the stock price today?" Harry, as far as I can tell there was'nt any upgrades today. The huge volume is most likely due to the fact ADCT is added to the S&P today and the index funds bought it to mimic "The Index". It appears investors are a bit overly cautious because of the current interest rates hike fear and one consequence is that they sold ADCT at a slight increase to avoid keeping it over the weekend. Hope this helps. norm.