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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Woolfson who wrote (754)9/15/1999 11:05:00 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 825
 
This is what I know

There is suppose to be a major player coming into the stock by current months end or possibly the first week of October. I can't say for sure that the source is reliable but from what I gather it may very well be.
Indicators:
1.I'am watching the stock to see if any signs of accumulation become apparent
2.According to A.I.P.'s August.13th news release,directors granted stock options which will expire in August of 2002 entitling the purchasers to buy the company shares at 20 cents up to 1.4 mil/shrs
3.Source states that "Major" financing is coming that will allow the company to correct the design flaws originated by Cadence-looking to have a reliable chip ready by first quarter of 2000.

This is of course only what I am hearing and reading from their web site.

I recently purchased shares and am looking to throw the dice again...time will tell all