SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Digital Information Corp. (ADIC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: uu who wrote (1190)9/8/1998 3:47:00 PM
From: Alok Sinha  Read Replies (2) of 2283
 
Was pleasantly surprised to see you on this thread.

I bought 400 shares today at 6 7/16, based mostly on information from a friend whose brother works at ADIC. He called this morning to say that the CEO bought 40,000 shares last week. I had raised cash in the last rally (nowhere near the top though) so am looking for bargains in the tech sector. What are your views on LSI and IFMX at these levels. I am still in SUNW (and that seems to be paying off - albeit slowly)

Insider buying is usually a pretty strong signal (NSCP and BAY are other examples where the CEOs have put the money where their mouth is). I don't really know much about ADIC, so if you have a summary of their business / prospects (from a previous post) I would appreciate it.

Regards

Alok
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext