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

To: Rainmaker who wrote (965)	8/29/2000 12:25:25 PM
From: max power	Read Replies (1) \| Respond to of 1944

I believe I read somewhere that ADCT is giving a presentation at 2 PM this afternoon at the conference. I have also heard that they are getting ready to announce a one million sq ft addition to manufacturing to keep pace with customer demand. Just bounced off 38.5 on 19 million shares. On why the big runup?? Jay, are you doing any painting or cleaning? That was the best correlation for a PAIR takeoff.... max now over 20 million shares!

To: Rainmaker who wrote (965)	8/29/2000 6:29:47 PM
From: FBarron	Read Replies (2) \| Respond to of 1944

<the MMs were playing with this stock> Glad to see the old Pairgainers taking over the ADCT board. The quality of interchange here has been a little lacking IMO. I'm still a little staggered by the recent downturn, but I've held it all the way. Do you really think the MMs have the kind of influence to produce a downward move on a company like this? Geez, 80 or 90 million shares must have traded since earnings. I thought that it would have taken a lot more than that just to overercome the seemingly upward momentum going into earnings, but gosh the momentum had already swung by about 9:30 that morning. Relentless pressure downward for over a week, too. I'm sitting there watching all those hard sweated out Pairgain profits disappear while riding an earnings beating, revenue banging, underperformer acquiring, high tech manufacturing beast down the tubes.... and heard noone say that even the whisper number wasn't met! WHAT GIVES?