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Technology Stocks : Adaptec (ADPT)
ADPT 16.94-2.3%Nov 4 3:59 PM EST
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To: Mark who wrote (1279)3/21/1998 12:50:00 PM
From: N. David Lessani  Read Replies (1) of 5944
 
Reply to #1279 Bull/Bear Poll

We all due respect, We do not determine the price of stocks, Institutional trader do, When they buy 100,000 or 200,000 shares of any stock, they will bring the price of a stock up or down. When we buy 1000-2000 shares that effect is minimal. Having said that , This does not mean they are smarter than we are, they simply play with much bigger money. We just have to be one step ahead of this big boy of wall street. One of these days, they will start buying ADPT, and we all benefit. Good luck to all.
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