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


To: max power who wrote (1197)10/23/2000 2:40:43 PM
From: Jay Mowery  Respond to of 1944
 
Max,
<<<<Is this the continuation of the selloff>>>>
Really just looks like it's runnin' with the market to me.
Volume is really rather light for what you are suggesting.
At least that's the way I'm seein' it at the moment.
When ADCT sells off, from what I've seen, the volume is usually way heavier.
YBJay
As usual buddy! "That's just my opinion. I could be wrong."
:-)



To: max power who wrote (1197)10/24/2000 9:09:54 PM
From: FBarron  Read Replies (1) | Respond to of 1944
 
Look at what happened to Corning (GLW) It reminds me of what happened here to ADCT back about ..... oh.... August 18th.I'm not too sure we need to be associated with the Fiber Optics companies either now.

CORNING INC (GLW) (93.50 -7.94)

CORNING INC. said Monday its Q3 profits more than doubled.
Corning also said it expected earnings to grow about 25% next
year. The company said its Q3 pro forma earnings rose to $317
million, or $0.35 a share, from $148.1 million, or $0.19 a share,
a year ago. The Wall Street consensus was for $0.34. Including
one-time items, Corning's net income rose to $254 million, or
$0.28 a share, compared with $142 million, or $0.18 a share a
year ago. Revenues rose 54% to $1.9 billion from $1.25 billion.
Excluding the impact of acquisitions, sales increased 37%.