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ADC TELECOMMUNICATIONS, INC.
12501 WHITEWATER DRIVE
MINNETONKA, MN 55343
(952) 938 - 8080
www.adc.com
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UPGRADE  &  DOWNGRADE  HISTORY
 
Date Grading From To Analyst
16-Feb-01 DOWNGRADE  Buy Market Neutral W.R. Hambrecht
22-Jan-01 DOWNGRADE  Buy LT Attractive Robertson Stephens
22-Jan-01 DOWNGRADE  Strong Buy Buy USB Piper Jaffray
19-Jan-01 DOWNGRADE  Buy Hold ABN AMRO
19-Jan-01 DOWNGRADE  Buy Neutral SG Cowen
19-Jan-01 DOWNGRADE  Buy Hold Josephthal & Co
19-Jan-01 DOWNGRADE  Buy Neutral Stephens Inc
19-Jan-01 DOWNGRADE  Strong Buy Buy Wachovia Sec
19-Jan-01 DOWNGRADE  NT Accumulate NT Neutral Merrill Lynch
16-Jan-01 DOWNGRADE  Strong Buy Buy Deutsche Bc Alex. Br
8-Jan-01 DOWNGRADE  Strong Buy Buy Josephthal & Co
11-Oct-00 INITIATED    Buy   SG Cowen
25-Aug-00 UPGRADE  Accumulate Buy AG Edwards
18-Aug-00 DOWNGRADE  Buy Accumulate AG Edwards
18-Aug-00 INITIATED  Buy    
12-July-00 INITIATED  Strong Buy   Deutsche Bc Alex. Br
9-June-00 INITIATED  Buy   PaineWebber
2-June-00 DOWNGRADE  Buy Market Outperform Stephens Inc
17-Apr-00 UPGRADE  Long Term Buy Strong Buy Wachovia Sec
14-Apr-00 UPGRADE  Buy Strong Buy SG Cowen
21-Mar-00 INITIATED  Strong Buy   Wasserstein Perella
7-Feb-00 INITIATED  Market Outperform   W.R. Hambrecht
3-Feb-00 DOWNGRADE  Buy Hold Wit SoundView
14-Jan-00 UPGRADE  Market Outperform Buy Stephens Inc