Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (30311)	7/28/1998 4:04:00 PM
From: PaperChase	Read Replies (1) \| Respond to of 132070

MB. Thanks for your insight into the ADCT situation. The increase in the short interest relative to the trading volume last month didn't make sense to me. Looks like it didn't make much sense to ADCT either: Hot off the wire... ADC Telecommunications, Inc. (ADCT), Short-Interest Correction WASHINGTON, July 28 /PRNewswire/ -- The Nasdaq Stock Market(R) today announced that the short interest in ADC Telecommunications, Inc., was reported erroneously on July 24, 1998, due to an inaccurate filing submitted by an NASD member brokerage firm. The correct short interest for ADCT, as of the settlement date July 15, 1998, is 2,572,290 shares, and not 18,720,790 as was reported. This compares to the previous month's short interest figure for settlement date June 15, 1998, of 2,541,434.