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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (13962)5/20/1998 12:33:00 PM
From: Andrew Vance  Read Replies (1) of 17305
 
*AV*--Judy-I saw your post on the other thread concerning ADI and thought it more appropriate to comment here.

As I was reading your post, my broker called and said ADI was down a bunch <$5+> due to disappointing earnings. ADI was a play for me when the "Limerick" deal was brewing with ADPT. The stock took a good run up for that and other reasons, and I exited. Today's dramatic drop is a great entry point (sub $30) but I will wait. I seem to jump into these things too fast. I am constantly being told that drops like this are lead ins to further drops. With the 3 day weekend approaching, this becomes difficult. I should wait till Late Thursday or Friday to make a decision but will follow it closely to see if it bottoms and then turns. I would like to wait until Tuesday to move on this and I would like to see how MXIM price action reacts to this earnings report.

Andrew
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