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Technology Stocks : Advanced Digital Information Corp. (ADIC)

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To: Carolyn who wrote (1965)5/22/2000 6:03:00 PM
From: Scott H. Davis  Read Replies (1) of 2283
 
Actually, I had a real binge today. Picked up PTIX at 10 3/8. Market WAY overreacted to an earnings warning - came out on a nasty teck time, so there was an additive effect. That too is a double 1-2 years out. I'm spoiled anymore, I really like doubles. Seriously, ya'll may want to checkout PTIX at this level. Incredible FA, good products in emerging markets. Read the narrative in the warning. I look for a good recovery after qtr4. Pretty good risk/reward ratio at this point. A company with a historic growth rate of 29%, no debt, LOTS of cash, lots of recent design wins. Big league customers. IMSCO Scott
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