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

To: Howard Bennett who wrote (836)	6/2/2000 2:49:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 1944

Hi HB, looks pretty to see $75 on ADCT. I have plenty of cash reserved for this stock, so I'll not be selling any more shares for a while. I think we're in one of those "everything must go right" times with ADCT. Any disappointment would be painful. Best regards, Tom

To: Howard Bennett who wrote (836)	6/2/2000 5:28:00 PM
From: The Philosopher	Respond to of 1944

IMO this is nosebleed territory. PE is hovering around 100, about twice the industry average. P/S is near 10. I like the company, but not at these prices. I was in at 13 split adjusted, have taken my original investment and a bit more off the table at 72, now I'm just letting my profits ride, but I will be divesting more if this keeps going up. Then picking it back up when sanity returns. BTW, apparently Stephens downgraded ADCT. Haven't read the report yet. biz.yahoo.com