I am tooo familiar with ADPT, been there, have fellow Pirate buddies there, etc.. ADPT was my favorite stock from 1992 - till they reached the 1 billion mark, then the chit hit the fan, just like getting married, it was all down hill from there, they got too cocky, the symbios un-deal was lame, they layed-off alot of people from the scsi division (bad move since this is the core business), the CEO GRANT SAVIER is NOT the SAVIER !!! ahahahhahaha (My buddy liked that joke when I heckled him, ahahahaha)..
Now, that the UN-SAVIER is gone, the plan is to go back and focus on the core business, good move if you AXE me.. The big question is how much money do you expect to make from SCSI ? 1 billion is pretty good, ME THINKS, they need to take some of that GOOD money in the bank and make some GOOD acquisitions!!!
What does this all mean ? I think there is a rally left in all these stocks to reach $20!! So take your pick, diversify!! Why not have all 3 in the portfoilio, can't get much cheaper unless the market takes a Lewinski!!
Pirate |