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

To: StormRider who wrote (495)	6/24/1998 10:23:00 AM
From: StormRider	Read Replies (1) \| Respond to of 1944

UP 5 POINTS NOW!!!!!! DO I SMELL A TAKEOVER OR MERGER OR SOMETHING!!!!!!?? I only wish I had more shares, of course.

To: StormRider who wrote (495)	6/24/1998 1:37:00 PM
From: John Carragher	Read Replies (1) \| Respond to of 1944

[ Business \| US Market \| Industry \| IPO \| S&P \| Int'l \| PRNews \| BizWire \| Finance Home ] Wednesday June 24, 1:12 pm Eastern Time ADC links stock jump to AT&T-TCI deal CHICAGO, June 24 (Reuters) - ADC Telecommunications Inc. said the sharp rise in its share price Wednesday was linked to the proposed merger of AT&T Corp. (T - news) and Tele-Communications Inc. (TCOMA - news). ''Everybody is reacting to the AT&T-TCI merger that was announced this morning,'' said Mark Borman, vice president of investor relations for ADC. ''We sell the full range of telephone cable products that (fit) the strategy AT&T announced today to access the local loop,'' he said. ''AT&T is a significant customer of ours.'' Shares of Minneapolis-based ADC were up 3-1/16 at 35-11/16, with more than 5.0 million shares changing hands. AT&T's strategy includes combining its long-distance, wireless and Internet services with TCI's cable, telecommunications and high-speed Internet business. Talk had circulated in the market that ADC may be a takeover target. ''Rumors are always around,'' Borman said. ''We can't comment on them.'' ADC makes voice, video and data systems for telephone, cable television, Internet, broadcast, wireless and private communications networks. More Quotes and News: ADC Telecommunications Inc (Nasdaq:ADCT - news) AT&T Corp (NYSE:T - news) Tele-Communications Inc (Nasdaq:TCOMA - news) Related News Categories: US Market News Help Copyright c 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon See our Important Disclaimers and Legal Information. Questions or Comments?