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Technology Stocks : Adaptec (ADPT)
ADPT 14.81-4.9%Nov 7 9:30 AM EST
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To: David Nelson who wrote (1428)3/27/1998 5:28:00 PM
From: N. David Lessani  Read Replies (1) of 5944
 
ADPT at 21

I was watching the tape closely minute bt minute today. The reason ADPT hit 21.00/share was an institution purchased three block of 50,000 shares at 21. Ladies and gentlemen : when institution stopped window dressing and start buying, watch out we may have reached the bottom. I agree with you. Institution also know about law suits. All considered, ADPT is base making for future upturn. The sellers already sold and bargain hunters are arriving. The same exact pictures was true for ORCL, ASND only three months ago.
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