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Technology Stocks : Advanced Digital Information Corp. (ADIC)

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To: Carolyn who wrote (1968)5/24/2000 7:14:00 AM
From: Jim Oravetz  Read Replies (2) of 2283
 
You have to ask yourself; Has anything fundamentally changed to ADIC is the last few months?

IMO, the answer is no. The company has plenty of cash, no debt, products for which overall demand is increasing, good partners, good management.

The product mix is transitioning somewhat and European sales have slowed the last Q. Short term, these and the general market downturn have dragged this stock to what I consider undervalued. I bought some more! Long term, this stock will recover.

Jim
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