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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: Beltropolis Boy who wrote (6061)9/23/1999 4:51:00 PM
From: John Carragher  Read Replies (1) | Respond to of 7342
 
Perhaps adct comments are signs of tlab coming in ahead of the numbers.
ADC Telecommun Sees Fiscal 4Q Net, Rev Above Views

By Shawn Young

NEW YORK -- ADC Telecommunications Inc. (ADCT) said fiscal fourth-quarter revenue and
earnings will come in ahead of Wall Street's expectations as new products catch on and old ones
continue to sell well.

"The principal point is that our revenue is substantially ahead of expectations," Chairman and Chief
Executive William J. Codogan told Dow Jones Newswires.

The telecommunications equipment maker, which is based in Minneapolis, expects to post revenue
of $500 million for the quarter ending Oct. 29, Codogan said. Analysts have been expecting sales
of about $488 million.