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

To: FBarron who wrote (982)	8/29/2000 7:37:15 PM
From: Rainmaker	Read Replies (1) \| Respond to of 1944

Just my opinion, but if you're LONG (over 2 years) with ADCT, why bother with options contracts? If you want to trade the swings, that's a different story. I'm a firm believer that the recent downdraft is a momentary blip given the extremely positive guidance going forward with this company. When you stop to think about this, who else has the following product profile: local loop; fiber (local and backbone); wireless; TV and radio transmission; and satellite? That about covers the entire universe of telecom services. But if you're concerned with the double bottom break, and you strictly follow a TA approach, I'd consider a sell stop on all the shares to "keep" the generous profits to date. At a minimum, I'd sell enough so I cover my initial investment so all the remaining shares are FREE. That way, you've taken all the money you've put into the stock, and whatever ADCT does, it's FREE money. You only get hurt if ADCT goes to 0.00. Good luck with your decision.