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Technology Stocks : Stock Swap
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To: Bill Ulrich who wrote (16061)1/17/1999 1:11:00 PM
From: Andrew Vance   of 17305
 
*AV*--my apologies for missing this message and a timely reply. The results of that announcement were phenomenal in the stock and the readers of RadarView were able to take full advantage of this run up from a previous (6 week to 8 week) prior investment consideration.

Thanks for brininging it to the attention of Stock Swap. ADPT just laid off and round of employees at NPG (Network Products Group) this past Friday and transferred all the PTS employees to STMicroelectronics on Firday also. Some of the NPG people were able to interview for jobs within other organization. NPG functions are being assimilated into other buisiness units. therefore, we have seen some new rounds of consolidation and cost cutting at ADPT which should pay off down the road.

Right now, we think we got the pop in price we were looking for and that a new round of price advances might bre off in the mid future. Small positions still exist but more promising (at least we think so) are prersently themselves now.

Andrew
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