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

To: Steven Finkel who wrote (19777)	2/1/2000 5:11:00 PM
From: Rande Is	Respond to of 57584

Steven, there are large traders in ADAP that helped to push it upward, beginning about the 10th. . . so the last few days has been mostly profit taking by some and new positions by others. . and turning short by others yet. . . The 2-for-1 stock split gave no specifics. It merely said the company planned a split, but needed shareholder approval at the meeting in March. . .meaning we might not see a split until March/April or so. The run up was also on earnings. . which were good, but speculators were hoping for more. . . VERT is going through a similar thing now. . . ran up like crazy ahead of earnings. . . company blows away street [with .28 cent loss instead of expected .34] and announces a 2-for-1 . . but investors must have wanted a 3-for-1 . . . as the stock is selling off. Go figure. But I won't sell either on earnings . . . too valuable. . . and in fact, I added to positions in both ADAP and VERT on their weakness this morning. Rande Is