Advanced Digital Information Corp. (ADIC) Message Board

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Technology Stocks : Advanced Digital Information Corp. (ADIC)

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To: Jim Oravetz who wrote (2114)	11/9/2000 12:18:49 PM
From: Jim Oravetz	Read Replies (1) of 2283

If you are an investor you should listen to it. Analyst from Needham, Chase H Q, CIC Oppenheimer, Dain Rausher, and Morgan Stanley. ADIC is definitely headed in the right direction. Indicate Europe will accelerate in 2001 and the large tape liabrary backlog is increasing. Both have turned the corner. OEM's totaled 25-27% of sales up from 21% last quarter. Very comfortable with EPS of .12 for 4th quarter (consensus) and seemed to suggest even higher. Indicated that they currently have more opportunities than they can take advantage of. Gave revenue guidance for next quarter of $89MM. IBM didn't kick in as much in the quarter that just ended because it got a later start than they first thought. Could see OEM business growing to 40-50% of sales in the next 4-5 quarters. I can see why the stock was up 2 1/4 today and I think we are just starting to see the move up. Best to all longs! messages.yahoo.com Jim

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