Adaptive Broadband (NASDAQ:ADAP) Message Board

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Technology Stocks : Adaptive Broadband (NASDAQ:ADAP)

ADAP 0.0570

+13.5%

Oct 27 3:59 PM EST

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To: pass pass who wrote (76)	3/28/2000 9:52:00 PM
From: Mr. Miller	of 215

I think its just a case of a stock getting ahead of itself with that runup from $100 to over $200 in about a week, then this selloff over the last couple weeks. End of quarter profit taking would not be surprising. As far as it being related to Terabeam and maybe something Gilder said...Gilder thought we would all make a killing with GSTRF, and I would not think a company like CSCO would be making RF spectrum internet access a major priority if it didn't have a future. That's JMHO... I'll expect a nice rebound as ADAP splits. ADAP fell below the 50DMA about this much(6-8%) at least two other times this past year and bounced back quite nicely. I see this as a major buying opportunity since there is no fundamental reason for this selloff beyond technical correction.

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