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Technology Stocks : Advanced Digital Information Corp. (ADIC)

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To: Lane Weatherly who wrote (2042)8/16/2000 8:25:37 PM
From: Puna  Read Replies (1) of 2283
 
I lost a chunk of optimism over the past few months<grin> so it's always nice to hear someone that sees the light in the tunnel!
I agree with what you have written Lane which is why I have a healthy piece of ADIC.
They are priced today what they were a year ago, so yes, in that perspective they are very fairly valued IMO.
I rode this up through their high of 100 and back down to 10. I loaded up again at 11 and on many other dips.
My concern now is how well ADIC's strength will hold up as the varied competition vamps-up and rolls out their wares.
Without getting into all the technical comparisons, ADIC has shown a good degree of keeping up with the changing storage needs of today and next year...but this is a fast paced race with ever changing storage needs and technology.
If they can keep up and hold or improve their position, they may be bought out in the next couple of years I think,
but who knows eh!
I would rather not have to load up at 6 bucks you know!
Much rather see them begin the climb again,

Puna
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