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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (14313)	11/4/1999 11:28:00 AM
From: KevinThompson	Read Replies (1) \| Respond to of 57584

Re: ADAP Reviewing the 6 mos, 10 day, and 2 day charts, ADAP seems to show classic signs of a near term bottom at 31 1/2. I decided to buy a small lot at 32 1/2. I will add to the position if it breaks 34, with stop set at 31 1/2. Long term, I fully expect this issue to continue to appreciate and should be a very good long term investment. (I was familiar with the company when it was "California Microwave". They have done an outstanding job the last few years transforming and diversifying themselves from a military contractor to mainly a commercial satellite communications equipment manuf. This is no small feat; I used to work for a competitor of theirs that tried to do the same thing - without success.) Good luck all, KT