Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OldAIMGuy who wrote (1321)	12/15/2000 6:32:08 PM
From: Howard Bennett	Read Replies (1) \| Respond to of 1944

$27 to $20 in the blink of an eye Unbelievable!

To: OldAIMGuy who wrote (1321)	12/17/2000 2:22:26 PM
From: max power	Read Replies (1) \| Respond to of 1944

From Friday: DJN: =DJ ADC Telecom Drops -2: Co's Cable Exposure Small -Analyst (Dow Jones 12/15 12:06:16) NEW YORK (Dow Jones)--Talk about your guilt by association. Although ADC Telecommunications Inc. (ADCT) beat Wall Street's expectations in the fourth quarter and maintained its bullish 2001 projections just two weeks ago, on Friday the stock got hammered after peer Antec Corp. (ANTC) lowered guidance for that company's fourth quarter. Shares of ADC recently traded down 11%, or $2.50, to $20.31, with volume already at 10.9 million, compared with average daily volume of 12.6 million. We have had several earnings announcements by companies in the cable equipment space," said Lawrence Harris, telecommunications equipment analyst with Josephthal & Co. "It's a tough environment and a challenging market overall." But Harris is quick to point out something that investors selling ADC were likely missing Friday. "ADC does supply some equipment to the cable industry, but our view is ADC has a good mix of business," he said. max