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Technology Stocks : ADAP Board

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To: Mongo2116 who wrote (5)	5/7/1999 4:01:00 AM
From: Sean	Read Replies (1) of 19

Yes Gene, I was very comfortable with my 1000 share short on Mon Morning. I posted those messages to help other find a stock due for a pullback. I covered Tue for almost $2,000 after the buyback started. VOLPE (the MM working the buyback) started buying everything, and artificially holding the price up near 15, as he has every day this week, sucking up a ton of sells. If you are long you should be wondering why the Co is not buying back the shares on a better cost basis. I think ADAP has it's "price floor" set too high. Why not buy back more on the dips instead of propping up the price and paying top dollar for your shares? Look out below when the buyback money runs out and VOLPE steps off the bid!!!

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