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

To: Howard Bennett who wrote (770)	2/3/2000 11:24:00 AM
From: Howard Bennett	Read Replies (1) \| Respond to of 1944

Thursday February 3, 10:51 am Eastern Time RESEARCH ALERT - Wit SoundView cuts ADC to hold NEW YORK, Feb 3 (Reuters) - Wit SoundView said Thursday it cuts its investment rating on shares of ADC Telecommunications Inc. (NasdaqNM:ADCT - news) to a hold from a buy. -- Chandan Sarkar, the firm's analyst, did not make changes to earnings estimates for ADC Telecommunications. Wit SoundView continues to expect earnings of $1.71 per share in 2000 and $2.18 per share in 2001. -- Further information was not available. -- Shares of ADC, which supplies network equipment, software and integration services for broadband networks, lost 1-3/8 to 67-7/8 in morning trade on Thursday.