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Technology Stocks : ADTRAN !?! -- Ignore unavailable to you. Want to Upgrade?


To: TelecosmFan who wrote (593)10/29/1997 8:55:00 PM
From: Hank  Read Replies (1) | Respond to of 766
 
Ed,

This market has no direction at all at this point. None of the key blue chips are doing any better than they were before. The volatility in tech issues is still high. The issue isn't were ADTN will go from here but where will the market go. We may have seen the first wave of a bear market on Monday and nobody seems to know it yet. Or at least none of the common populace does. I think it's just as likely that ADTN could see 30 again as opposed to 39.5. That's why I won't trade right now. I'd have better odds at one of the local casinos.

Hank