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Technology Stocks : ADE Corp.
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To: robert b furman who wrote (275)7/23/1998 11:36:00 AM
From: Bruce L  Read Replies (1) of 346
 
I guess it's not surprising that there's been no activity on this thread in that there's been no activity in the stock.

But that's the observation I'd like to make: inactivity. Today there have been NO trades after almost 3 hours. For the last several days its been much the same with the bid - ask seemingly fixed in concrete between 13 5/16 and 13 1/2 despite huge movements up and down in the major averages, program trading etc. It's apparent that selling has totally dried up, been washed out, all weak hands long departed. But at the same time, no one now wants to add to their position.

My question to you: Is this development in line with your expectations? Is it in fact positive long term?
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