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


To: BWAC who wrote (1278)11/26/2000 9:28:14 PM
From: robert freda  Read Replies (2) | Respond to of 1944
 
Does anyone know ADC's approximate exposure to CLEC customers? Back a couple of months when this became an issue , 10% was thrown around a bit. I'm asking b/c this portfolio manager at Pimco was spouting off on CNBC about selling ADC now because their customers "don't have any money".

I'm sure this will be addressed in the conference call.



To: BWAC who wrote (1278)11/28/2000 10:14:40 AM
From: Rainmaker  Read Replies (1) | Respond to of 1944
 
BWAC, sorry for the late response. Still sulking with the end of the NASCAR season - LOL. Kudos to Nadeau for his first win at Atlanta. Not necessarily a Hendricks fan, but the kid did have a pretty good year and this first win was a nice capper.

To your question: I believe we will see a pop up tomorrow after todays earnings news to the 22 area. This is based on technical and options pricing. On the 30-minute chart, there's some resistance at 21. December call OI is bracketed by 20 and 25, with a significantly smaller amount at 22.5. December put OI is highest at 20.

The above goes to hell in a handbasket if the DAZ continues it's funky stuff of late. Not even a recount of those two extra pennies ADCT will likely beat by will help. (my guess).

All the best.

(Looking forward to February and Daytona already!)