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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (7771)	6/22/1999 6:07:00 PM
From: JZGalt	Respond to of 18928

Tom, As much as I'm tempted to do something like that, things happen. I'm more likely to use a buy on dips mentality here. Since ADCT is really a very good company I have no problems holding it until it gets "overvalued". Problem is that even if I buy more SAVLY to get ADCT eventually, it isn't cheap and it isn't expensive. Note: to anyone considering a position in ADCT, buy SAVLY, the conversion is in your favor. ADCT stole SAVLY. They were coming out with new products for larger Unix based systems and had considerable market share. The other thing that happens is ADCT is now somewhat off the list of possible acquisitions for someone who wants a broadband play which leaves Newbridge. Anyway I'm disappointed in the price. Not sure what I'll do here. I just eyeballed my GALT holdings and said if I had AIM'ed that, I'd be really disappointed. GALT has more than doubled from where I bought my last 1,000 shares between $18 and $21 in February. I knew it was undervalued then and the only piece of the puzzle was the dip from $31 down to $22 afterwards. My gut says I'm further ahead buying and holding. Now that GALT is "fairly valued", I willing to part with some shares and pick up any tech wreck bargains I see, but I just couldn't stomach selling the shares at 1/2 their "fair value". BTW, remember I said storage for networks was hot?. My stake in Network Appliance (NTAP) should do nicely tomorrow as it goes in the S&P500. Gravy. <grin> I have one more selection that looks like it could use cash, but since it might be the selection at the Confirmatory Analysis.com website, I don't think I should say just yet. Anyway you folks are all signed up as free subscribers. <grin> confirmatoryanalysis.com ---- Dave