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Technology Stocks : Advanced Lighting Technologies ADLT...time to rebound?
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To: Skywatcher who wrote (6)9/25/1998 4:35:00 PM
From: Rodney Glover  Read Replies (1) of 96
 
I really expected more of a price gain today, given the market conditions. ADLT seems like a good company. I went long yesterday at 12 3/8. Closed at 12 3/4 today which still seems a little low for a company that meet earnings. Other companies that, not only, missed earnings but actually traded up before the announcement, have not sustained such a massive loss (Thur-7 1/2). I just don't like Wall St. having totally different standards for industries, makes it very difficult to compare earnings, P/E, etc. Saying that, I think ADLT is due a much stronger rebound? at least to $16. imho.
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