Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 18.85

-4.2%

3:59 PM EST

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To: Johnathan C. Doe who wrote (2303)	5/19/1998 11:23:00 AM
From: The Philosopher	Read Replies (3) of 5944

>>I agree that institutions are mostly out of this and small investors are now playing the majority of the buying interest in this stock. How do you reconcile this with the info Doug Stitch posted showing Adaptec 92% owned by institutions? What is your basis for saying that institutions are mostly out of this? Volume hasn't been enough the past weeks for institutions to have cleared out a lot of their inventory, has it? Also, what about the report posted recently of one fund buying in 750,000 shares? Do you have information that others of us don't have to support your contention that institutions are out of the stock?

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