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

To: Rainmaker who wrote (973)	8/29/2000 2:50:54 PM
From: max power	Respond to of 1944

we may see 40 on 30 million shares today Last Update: 2:40 PM ET Aug 29, 2000: Tuesday, August 29, 2000 ADCT tops volume chart --2:40 pm - By Michael Baron ADC Telecommunications Inc. (ADCT: news, msgs) is rising 2 3/8, or 6.6 percent, to 38 1/2, on heavy volume of 27 million shares, tops on the Nasdaq exchange. Average daily volume is 8.6 million shares. The Dow Jones News Service is quoting ADC's CEO Bill Cadogan as saying the company is comfortable with Wall Street expectations for its fourth quarter earnings and that it won't attempt an aquisition of Harmonic Lightwave (HLIT: news, msgs). A First Call survey of 21 analysts put the company's fourth-quarter profit at 19 cents a share. In addition, the Minneapolis network equipment provider announced the formation of an operation to develop and customize photonics products for its customers. ADC spokesman Rob Clark wasn't immediately available for comment on the DJ report or the movement in the stock.

To: Rainmaker who wrote (973)	8/29/2000 4:31:37 PM
From: max power	Respond to of 1944

Wireless Cable and Internet Provider Upgrading to ADC’s Carrier Class Architecture in Sioux City, Iowa MINNEAPOLIS — August 22, 2000 — ADC (Nasdaq: ADCT; www.adc.com), a leading global supplier of network equipment, software and integration services for broadband, multiservice networks, today announced that Evertek Enterprises, an Internet service provider in Sioux City, Iowa, will upgrade its current two-way Multichannel Multipoint Distribution Service (MMDS) system with ADC’s Axity broadband wireless access system. Evertek provides cable and wireless television, wireless Internet and local telephone services to its customers in Northwest Iowa. The Axity solution is expandable to allow Evertek to supply high-speed wireless data services to the entire Sioux City population of 82,000 as needed. "Evertek is committed to bringing quality wireless data services to residents of Sioux City and Northwest Iowa," said Roxanne Madson, general manager of Evertek. "We have 100 percent customer retention with ADC’s first generation system and believe that its carrier-class, standards-based system will allow us to provide expanded and better quality services to a wider subscriber base." Axity is a carrier-class solution that enables providers to deliver two-way high-speed voice and data over the MMDS spectrum. Leveraging experience in MMDS radio frequency (RF) technology design and manufacture and its broad range of standards-compliant hardware and software, ADC provides an end-to-end solution for MMDS deployment, including complete network planning, design and integration services. "ADC is pleased to continue providing Evertek with industry-leading solutions for improving the infrastructure for advanced broadband wireless data services for their customers." said John Frederick, vice president and general manager of ADC's Broadband Wireless Access Division. "Evertek joins our growing list of satisfied clients who have upgraded to our carrier-class, next generation solution."