CHPS Message Board - Msg: 3855402

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Technology Stocks : CHPS

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To: Peter who wrote (2732)	3/26/1998 9:54:00 PM
From: Timoteo	Read Replies (1) of 2740

Hi Peter- What a coincidence-I just finished drinking a Pete's Strawberry Blonde and I noticed I had a message. Haven't been following the CHPS thread for obvious reasons. I believe ADPT has been slipping for two reasons. The most recent drop from 28 or so to 23 was the general sell of in the computer equipment makers. The other issue is the increasing number of acquisitions ADPT is making. If you are an optimist, ADPT is making bargain basement buys, taking advantage of the SE Asia crisis and the languishing share price of th semiconductor stocks. If you are a pessimist, they are overextending themselves buying capacity in a time of excess capacity. I believe the former, though my horizon is long term if need be. I sold off my original position but will but more @ 20, which may happen in the next day or two. If it looks real weak, I may wait until 18. Another stock worth looking at is SOFT. Ran up into the 5s on earnings rumor-sold off on the news. Very good story and very good value. Look at the SOFT thread and do your own due diligence, but it is currently one of my largest postions. I may add to it @ 4 because I think we could easily see 8 or more in two quarters. Best Wishes, Timoteo

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