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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (11922)	8/29/2000 4:33:16 PM
From: Mike E.	Read Replies (1) \| Respond to of 49816

They're killing me on Ford. CNBC could not cover this negative publicity with more vigor or glee. (I'm not blaming CNBC for anything, but all day long...) Analyst downgrade today. CNBC continues on speculating about how badly this will hurt consumer confidence in Ford. Ho hum. This is the second or third (not sure after the Exxon/Mobil merger) largest corporation in the world based on sales $$$. This will be a distant memory in 6 mos. Holding, dammit! <g> Mike

To: stan s. who wrote (11922)	8/29/2000 4:41:33 PM
From: max power	Respond to of 49816

ADCT, a number of press releases today about their optics division and hlit rumor We actually expect fourth-quarter revenue to rise in the mid-50 percent range from year-ago levels," Last Update: 3:51 PM ET Aug 29, 2000: NewsWatch Tuesday, August 29, 2000 ADC confirms Q4 outlook --3:51 pm - By Michael Baron ADC Telecommunications (ADCT: news, msgs) is rising 4, or 11.3 percent, to 40 1/16. The stock is the most heavily traded issue on the Nasdaq exchange with 35.3 million shares changing hands, well above its average volume of 8.6 million shares. Rob Clark, a spokesman with ADC, confirmed the contents of a Dow Jones News Service interview with the company's CEO Bob Cadogan published Tuesday. In the interview, Cadogan said the company was comfortable with Wall Street earnings expectations for the fourth quarter [see 2:40 pm item] and that it won't pursue an acquisition of Harmonic Lightwave (HLIT: news, msgs). Clark added that the forecast for revenue growth reported by Dow Jones was a little low. "We actually expect fourth-quarter revenue to rise in the mid-50 percent range from year-ago levels," he said. Dow Jones quoted Cadogan as forecasting growth in the 40-to-50 percent range. ADC reported revenue of $582 million in the fourth quarter ended October 31, 1999.