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


To: Steven Dopp who wrote (1371)1/9/2001 4:14:28 PM
From: Jay Mowery  Read Replies (2) | Respond to of 1944
 
Steven,
I don't think we're in Kansas anymore Toto!
Unless you got yourself stretched too tight on the margin?
I'm margined but not too tightly. This Time!! :-)
I WILL make a lot of money on ADCT but I also don't intend to do anything till approx July 2002. Possibly sooner but More than likely not!
These guys have themselves positioned to where they intend to be growing consistently into the end of 2005. Hence the BAS purchase.
So just relax and enjoy the ride! :-)
Keep one thing in mind.
Ya...... we're down a little but that's with a downgrade on less than average volume. So it doesn't appear that any major players are runnin' for the door! ADCT is also owned in the neighborhood of 67% to 71% by institutions.
So if there was MAJOR trouble??? You'd see HUGE volume and it ain't there.
You got a good stock that is very sound with good management.
Just some things that may help ya get a little more comfortable Steven.
Hang in,
YBJay