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

To: j g cordes who wrote (389)	3/8/1998 6:13:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 1944

Off Topic: Hi Jim, >>Harry, good questions, someone ought to send you to cc's. Didn't you hear. Clint promoted me to Head Technical Analyst of the Silicon Investor Group. : ) How did you make out with NN? I still have not had a chance to hear the conference call. I was so busy, it expired before I could hear it. Investor relations was supposed to send me a copy of the tape but I have not seen it yet. I just got the most recent Nesbitt Burns report on NN. EMAIL me your fax number if you want a copy. The report does not do a good job on the technical side of the business, but it covers most of the facts that retail customers would want to know. Most important facts from the report: - Target price for the year is $35 to $38 CND. Keep that in mind if you are trading this. - Very little revenue has been recognized from the MCI and BT contracts. These were large contracts, but they are multiple year contracts so revenue recognition will be lumpy. This will cause some surprises in Q to Q results. - The TDM business is expected to recover going forward, but this is a declining business anyway. The problem with the TDM business was in Europe, Asia and Latin America. In Europe, they had bought as much equipment as required and were using this last Q to deploy. - They expect a deal with Cable and Wireless soon. -Geographic breakdown of sales for the Q 52 perecent Americas, 29 percent Europe, Middle East and Africa, and 19 percent Asia. Too many things going on in my life right now. I am still trying to catch up on two weeks of conference calls and new releases and it is about to start all over again in a few weeks. Harry