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

To: FBarron who wrote (978)8/29/2000 6:49:25 PM
From: Jay Mowery  Read Replies (3) | Respond to of 1944
 
FBarron,
<<<<? Geez, 80 or 90 million shares must have traded since earnings. >>>>>

I just took the millions since Aug. 17th and came up with 154+ million traded by the end of today.
Not sure what it's all about. Two Splits since January. Lots of shares and lots of people havin' made lots of money?? Profit takin', some question about rumor of HLIT,(Good Excuse) and numerous other things?? Just hope today was the bottom and a reversal.
Just know the feelings were somewhat familiar over the past couple of days. :-)
But hey! I'm pretty good at holdin'!
YBJay



To: FBarron who wrote (978)8/29/2000 11:06:25 PM
From: OldAIMGuy  Respond to of 1944
 
Hi FB, Something else that hasn't been mentioned here before is that there was a very large short position on ADCT up until the July and August reporting periods. It was back-filled and remained stabile through the mid-August report.

When the price rose back to the very high $40s, maybe there was a new wave of shorting that has put some pressure on the shares. We won't know for sure until mid Sept.

viwes.com
and add ADCT's ticker symbol.

Best regards, Tom


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