Advanced Digital Information Corp. (ADIC) Message Board

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Technology Stocks : Advanced Digital Information Corp. (ADIC)

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To: Scott H. Davis who wrote (2095)	10/23/2000 10:08:28 PM
From: John O'Neill	Read Replies (1) of 2283

Scott.....there might be some tax loss selling by funds that would normally end around Oct.....I notice funds/inst sold 8.7 mil shares in quarter previous to current quarter...also the short interest has really picked up thru Sept.... I wonder if that dump by institutions and large short position have artificially depressed the stock price...ADIC's cash per share value is higher than EMC's book value... maybe we will see a jump thru $15 resistance as October plays out into the election. What do you think?

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