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Technology Stocks : Stock Swap

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To: Jeffrey S. Mitchell who wrote (10053)12/3/1997 11:15:00 AM
From: Andrew Vance  Read Replies (1) of 17305
 
*AV*--I would like to second the welcome to lisa and hope we can be on our best behavior for her (at least for a couple of days). My understanding is that lisa could be a valuable asset to our little troupe so let's not scare her off.

Let's hope the next 10,000 go as smothly as the first. As for the x00 bandito, I will only be going after the x,000 from now on as my commitment to reducing the number of mindless posts. HOWEVER, I am still 1 post shy of 10,000 retroactively. Patrick owns 10,000 for now.

On the serious side of things, ADPT has lost close to 8 points in 2 days and is trading in the $42 range. What is the opinion for its bottom. My feeling is that it could see just under $40 before reversing.

PLAB-I am seeing a number of "re-iterated" BUY recommendations for this stock with a 12 month target of $37. Not bad for a $23 stock. I am in the process of putting in orders for 2000 shares for the long term. Designs are constantly changing and the cost for more complex design rules are always met with higher prices. Even though DPMI looks as if its the laggard, I FEEL more comfortable with PLAB.

Andrew
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