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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (6315)10/30/1997 6:15:00 PM
From: WTT2   of 9285
 
Roger, what do think of ADPT as a short. Substatial Insider selling in the month of September and October. They Depend on 56% of there earnings on overseas sales. They just announced 3Q earnings which they beat but the stock did not receive much of a boost. IBD has its Accumulation/Distribution at a C its relative strength 75. This Sector is weak at this time and it's not far off from 52 week high of 54.00. I believe the market sentiment for this stock is poor. Any thoughts?

Thanks
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