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

To: max power who wrote (1299)	11/28/2000 4:49:06 PM
From: max power	Respond to of 1944

After Hours \| \| ADC shares rise 5 percent after results By Chris Kraeuter, CBS.MarketWatch.com Last Update: 4:38 PM ET Nov 28, 2000 Newswatch Latest Headlines Get Alerted NEW YORK (CBS.MW) - ADC Technologies recovered from regular-session losses during Tuesday's after-hours session after the company beat Wall Street's quarterly earnings estimates. Also, ChipPAC shares were halted after the company previewed fourth-quarter earnings figures. ADC (ADCT: news, msgs) shares rose 97 cents to $18.50 on Island ECN after closing down $1.28 to $17.53. ADC reported fourth-quarter net income of $138 million, or 18 cents a share, compared with $71 million, or 10 cents a share, during the same quarter last year. Analysts surveyed by First Call expected earnings of 17 cents a share, on average. Revenue was $1 billion compared with $634.1 million during the same quarter last year. Also, ADC expects 2001 earnings in the range of 68 cents to 70 cents a share, inline with expectations, on sales of about $4.15 billion to $4.3 billion