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


To: OldAIMGuy who wrote (1178)10/21/2000 7:44:06 AM
From: Mao II  Read Replies (1) | Respond to of 1944
 
Hi Tom: I have to say Im surprised that there was no lockup imposed here. That said, the volume figures indicate at least some of these folks have dumped. ADCT now has obvious resistance at 25. Next week will be interesting in that I would not be surprised to see a retest of the low, where I would again be a buyer. M2



To: OldAIMGuy who wrote (1178)10/21/2000 7:54:04 AM
From: OldAIMGuy  Respond to of 1944
 
We won't have the Short Interest on ADCT for
another week, possibly, but here it is
through Sept:

ADCT
DATE # SHORT AVE. TRADED DAYS TO COVER
09/00 11,159,285 15,344,697 0.73
08/00 12,465,031 9,676,492 1.29
07/00 11,359,952 5,095,018 2.23
06/00 26,008,650 10,674,772 2.44
05/00 25,406,504 9,654,404 2.63
04/00 19,570,518 7,501,096 2.61

At least through Sept. it wasn't the short
sellers that were upsetting the apple cart.
So, maybe it was just the new ADCT shareholders
through acquisitions. When I see the report
for Oct. I'll post it.

Best regards, Tom