ADI: The SHARCs are circling! Message Board

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Technology Stocks : ADI: The SHARCs are circling!

ADI 234.99

-1.1%

Nov 14 9:30 AM EST

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To: Steve Morytko who wrote (763)	1/15/1998 8:11:00 AM
From: Meghan Richards	Read Replies (1) of 2882

Excellent observation Steve. You appear to correct that the street is grouping ADI with the likes of TXN & MOT, rather than LLTC & MXIM. I will not wait for an accumulation ranking of an 'A'. By that time much of the action will be in the past. What is most important to me is that the stock chart show a basing period. I will attempt to purchase the security as it breaks out of such a period of consolidation. A cup-&-handle pattern would be ideal, but not necessary. What is important to me is that a stock be fundamentally strong (and ADI passes this criteria) and show technical signs of coming off a period of consolidation. It is my belief that when these conditions co-exist that the stock will advance at its fastest rate.

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