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Technology Stocks : Adaptec (ADPT)
ADPT 17.06-1.6%3:46 PM EST

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To: Doug who wrote (1175)3/16/1998 11:17:00 AM
From: The Philosopher   of 5944
 
<<Any particular reason why we are in this drift mode whilst other ships in the
fairway are heading further North.?>>

Clip from news on Reuters today:

"The stock market's upward momentum will likely continue with the aid of more inflows from mutual funds trying to improve their performance before the quarter end, analysts said. "

Adpt is heavily held by funds. Some may be moving it out to improve their quarterly picture, not having the patience we do to wait for it to recover.
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