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

To: Jay Mowery who wrote (979)	8/29/2000 7:11:27 PM
From: FBarron	Respond to of 1944

That's impressive. Today's volume was impressive. Earnings day's volume was impressive and all those reasons you mentioned have been being repeated in my mind the last several trading days, but gimme a break.... Someone with a fleet of dumptrucks full of money was rolling some building size dice to go against the likes of this company's stock price on the very day of earnings. I have no feel for what those MM's can do, but do you think they are capable of this? I would guess there was at least a billion dollars put at risk to try to force this move down. Leverage some puts while shorting then swing to the buy side on calls hoping to cover before the CEO gets on TV spewing facts about 50% revenue gains in the pipeline. I'm thinking there are some people on this Earth that have that capability (juevos), but I don't know 'em. :) And besides, why did they decide to pick on this particular stock.... it's always MINE that this kind of stuff happens to.

To: Jay Mowery who wrote (979)	8/29/2000 7:13:28 PM
From: Rainmaker	Read Replies (1) \| Respond to of 1944

Jay and FB, my thoughts on the recent downdraft: 1) 2 splits in one year --> January 2000 = $80; split Feb; July 2000 = $80; split July. That's some nice profits there. Some funds (especially ones index-locked) need to maintain a proportional portfolio. With ADCT's stellar performance so far this year, there was likely some adjustments that had to be made going into the last quarter for some funds (Oct. 2000 beginning a new year). Jay estimated 150M shares changed hands over the past two weeks following earnings release. That's roughly 25% of the float. 2) HLIT rumors did not help - this acquisition, if it happened, would be dilutive to earnings and a major bane given the LONG string of legal liabilities associated with HLIT. 3) production concerns that analysts do not fully believe would be solved, even with assurances of increased capacity. 4) general sector downshift in price [see LU, TLAB, JDSU, SCMR] particularly following earnings release. 5) uncertainty with VZ strike. 6) uncertainty with buying power of CLECs given lower stock prices. 7) Uncle Al and general market nervousness/uncertainty. 8) The Hampton Effect. I'm sure there are other "reasons." Just looking forward to seeing us move to $50 and higher.

To: Jay Mowery who wrote (979)	8/30/2000 8:24:28 AM
From: max power	Read Replies (1) \| Respond to of 1944

ADCT subsidiary : Wednesday August 30, 4:02 am Eastern Time Press Release G-Connect Makes Record Sale to German Multi Service Provider 'MSP' Leading MSP Gigabell AG buys $9.6 million worth of G-Connect's POPgate Internet Access Switch for its new service freeOKAY.NET HERZLIYA, Israel--(BUSINESS WIRE)--Aug. 30, 2000-- G-Connect Ltd, an Israeli based provider of Internet solutions made big news today when they announced a new breakthrough in their international relations with European MSPs. Gigabell, a leading internet and telephony company based in Germany, finalized contractually that they were to buy a total of $9.6 million of Internet Access equipment to furnish their MSP needs in the coming year. The product in reference is the POPgate Internet Access Switch -- providing internet access and differentiated services to dial-up users, which will be used in the soon to be launched ``freeOKAY.NET'' services of Gigabell. The POPgate offers the MSP original solutions and ideas of how to increase business profitability and attract more customers, by allowing them to differentiate their service and stay ahead in the MSP's ever-competitive market. It is this very issue which the POPgate addresses in a very unique and forward-thinking way as Daniel David, CEO Of Gigabell says, ``G-Connect, through the POPgate, provides us with ways of presenting better and innovative services to our customers. We consider G-Connect as a real partner of ours. They were ready to react to our requests and develop new features which will make our new service offering, freeOKAY.NET, even more attractive.'' Alberto Eder, the G-Connect VP Sales and Marketing went on further to say that, ``Gigabell is an excellent and very advanced European MSP. G-Connect worked hard to ensure a solution to fit Gigabell's requests. We are excited about our cooperation with Gigabell and are positive that the new services which Gigabell will be offering their users will help them increase market share and grow in activity.'' About G-Connect G-Connect (www.g-connect.com) is an innovative Israeli based company providing advanced Internet Access Solutions to service providers and telecommunication operators. As a developer, manufacturer and supplier of Internet products and services, G-Connect's special talent lies in its unique approach to differentiated services and in customizing its solutions to the service provider's needs. The leading product is the POPgate Internet Access Switch (NAS) for dial-up users. G-Connect is a subsidiary of ADC Telecommunications (Nasdaq:ADCT - news; www.adc.com) and amongst its investors are Genesis Partners (www.genesispartners.co.il), affiliates of CIBC Oppenheimer.