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Strategies & Market Trends : The Rational Analyst

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To: Scott H. Davis who wrote (933)7/22/1998 9:39:00 PM
From: HeyRainier  Read Replies (1) of 1720
 
[ ADIC: Advanced Digital Information Corp ]

That's too bad about ADIC. Down 27.6% today.

And you heard it here first:

exchange2000.com

The earnings warning:

biz.yahoo.com

It seems that the CEO was full of BS when he was talking about last quarter:

"ADIC expects to see substantially improved growth in revenue and earnings during the third and fourth quarters," van Oppen said.

...and Scott, I may not be getting you into the biggest winners (at least on the short term), but what's equally important to me is that I'm keeping you out of the losers (ADIC from above, and EQNX on the day of the trend break). I tend to place a premium over risk/damage control than over many other factors in the market.

Regards,

Rainier
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