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

To: TelecosmFan who wrote (625)	1/13/1998 3:41:00 PM
From: caly	Read Replies (1) \| Respond to of 766

I'm working from memory here.... 18, 24, 35, 28 and 25. The last is the latest. Hopefully I'll fare as well as I have in the past. It seems you can either make money on the ride up or the ride down with this one.

To: TelecosmFan who wrote (625)	1/13/1998 4:05:00 PM
From: Jan Crawley	Respond to of 766

Ed: Adtn's SHORT decreased from over 4m to about 1.5M between 8/97 and 10/97, I totally agree with you that the run-up from 30 to 45 during that period of time was not based on fundamental. However compare Adtran's current Eps/shorts/price with Pair, I see some opportunities. Both Adtn and Pair have been very week lately (with no news from Adtn and some supposely less positive news from Pair). Adtn had low volumns during the down trend except yesterday and pair's volumes was much stronger. If you are familia w/pair I would like to discuss a bit more w/you. I see some good short-term up move for Adtn (given its low flow)during a up (short-cover) day from here. Also from here longer-term looks promising too. Yesterdays range was wonderful and I took adv. of it.