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

To: Don Hurst who wrote (1309)	11/29/2000 12:31:13 PM
From: Tom Hughes	Read Replies (1) \| Respond to of 1944

Buy; Strong Buy; Strong Buy Lehman Brothers Comments on ADCT, RSTA, PPRO, ULCM and A By: Lehman Brothers 11/29/00 8:40:08 AM Morning Meeting: Visit the CNET Brokerage Center for daily reports from the top Wall Street analysts. ADC Telecommunications(ADCT) 1 - Buy ADC’s reports in-line with expectations ·ADC Telecommunications delivered an excellent fiscal 4Q, reporting results generally in-line with our expectations. · ADC announced sales of $1.03 bil, a 3% over- achievement compared to our forecast of $1.0 bil. On the bottom-line, ADC reporte d EPS of $0.18, a penny above our estimate of $0.17. · We are now formally layering in the BAS acquisition into our model for the first time, and note that the acquisition is expected to contribute $60 mil. in revs in FY01, and dilute EPS by around $0.06. cnetinvestor.com US Bancorp Piper Jaffray Covers ADCT, MRCH, ERTS, LBRT, MNDO and OCPI By: US Bancorp Piper Jaffray 11/29/00 8:26:11 AM Morning Meeting Comments: Visit the CNET Brokerage Center for daily reports from the top Wall Street analysts. Estimate Changes: ADC Telecommunications, Inc. (ADCT – 17 17/32) Strong Buy; EPS 01E $0.70, 02E $0.88; Mkt Cap $14,550.9M; Avg Vol 7.18M; Target $40 (7x CY01E Rev) Solid Fiscal Fourth Quarter; Strong Revenue Across All Three Divisions, Driving Revenues Of $1.032 Billion, Exceeding Pre-announced Sales And Our $0.988 Billion Estimate; EPS Of $0.18 Beats Our Estimate By $0.01 Due To Sales Upside And Lower-Than-Expected Share Count. cnetinvestor.com Chase H&Q Covers APOL, ORCL, ADCT, ULCM 11/29/00 7:59:57 AM Source: Chase H&Q San Francisco, CA, November 29, 2000, 7:50 PST ADC Telecommunications (ADCT) $17.53 - $13.7B mkt cap: Reports In Line Fiscal 4Q; Maintaining Estimates and Strong Buy Rating 4Q00: REPORTED $1.03Ba/0.18a -> $985MMe/0.17e OctFY01: DECREASE REVS $4.3B/0.70 -> $4.2B/0.70 · Despite a worrisome environment, strong results reflect broad product line, diverse customer base and strong international presence · Demand across product segments remains strong · Maintaining FY01 estimate of $0.70, maintaining Strong Buy rating cnetinvestor.com We might just crack 19 514/1024s