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Technology Stocks : Adaptive Broadband (NASDAQ:ADAP)
ADAP 0.0570+5.8%Oct 27 3:59 PM EDT

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To: raven who wrote (197)1/13/2001 11:38:57 AM
From: Sr K  Read Replies (1) of 215
 
It went up because I and others decided that Thursday was the day of maximum bad news, and the stock just barely went below $3 (in the opening minutes Thursday) and wouldn't stay there. Most of the severely beaten stocks bought when the outlook is gloomy have potential for tremendous returns and I for one decided I wanted in. The merger cushion was gone, the preannouncement was out. What else could you wait for?
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