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: Meghan Richards who wrote (764)	1/15/1998 9:52:00 PM
From: Tony D.	Read Replies (1) of 2882

Used this current pullback to get in to ADI. From current chart it looks like "some" support was found at 24.125. I am not much of a TA, but the downside risk looks manageable at this point. Also saw a favorable mention in the Feb issue of Smart Money. T Rowe Price's Science & Tech fund (Chip Morris) has a large stake in ADI - just recently added more. As an EE Design Engineer I have been using ADI's SHARC DSP processor's and have been impressed so far. Think there is lots of room for growth as they replace the older DSPs (i860's out there). Good Luck, Tony D.

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