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

To: James R Mohr who wrote (336)2/18/1998 5:02:00 PM
From: michael redmond  Respond to of 1944
 
James...thanks for the link.

<<<The Company currently expects continued improvements throughout the remainder of 1998 and anticipates that each of the remaining 1998 fiscal quarters will compare favorably to the same quarters in fiscal 1997. The Company also believes, based on current product mix, orders and shipments in each of its business units, that a goal of 20% growth in overall revenues and earnings during the remainder of fiscal 1998 over the comparable period of fiscal 1997 is achievable.>>>

Sounds optimistic without tipping the scales. Would love to hear from more astute folks on the thread regarding the 20 precent growth goal.

Mike



To: James R Mohr who wrote (336)2/18/1998 5:22:00 PM
From: Dennis G.  Read Replies (2) | Respond to of 1944
 
Looks like a pretty decent report. Dead on with what they predicted. Only glaring negative I see is GS&A increased from 19% to 22% of net sales. If they had kept that to the same percentage, they would have earned another 7.5 million or 5 cents a share. Wonder what they spent it on. Also shares outstanding up 3.2 million to 136.9 million.

I like their statement about 20% growth.

Dennis


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