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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (57922)8/26/1999 9:11:00 PM
From: NASDBULL  Read Replies (1) of 120523
 
I've been intimate with ADIC since the spin-off with INTP.

Management loves to split the stock around $30/share. I find that fascinating. Moreover, their earnings have always been spectacular, with the exception of a blip in earnings last year, unfortunately i was holding a large position in ADIC at the time and eventually sold for a major loss last September.

I pounded the table on the stock back then, but it just wasn't in favor. Now with the stock hitting an all time intraday high of $58/share(not counting the last split), I can see ADIC is definitely a different type of trading stock, the company is still dynamite like it has always been, but the stock is getting recognized for it this time around.

I really don't see this new trend stopping anytime soon, of course, the market has to cooperate, but over the long haul ADIC is going to be an awful good investment, it's an IRA stock.

NASDBULL
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