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Technology Stocks : Advanced Digital Information Corp. (ADIC) -- Ignore unavailable to you. Want to Upgrade?


To: Z Analyzer who wrote (1933)5/10/2000 3:12:00 PM
From: Sam  Read Replies (1) | Respond to of 2283
 
Z,
You're reaching here. Many stocks are getting taken out and shot, whether they deserve it or not. If questions about SDLT were responsible for ADIC's tumble, I would have expected DSS (who makes DLT and SDLT drives, if anyone here doesn't know) to have fallen more than it has. ADIC will make libraries from any tape system vendor if there is demand for those systems. They aren't restricted to DLT, and, unlike CPQ to take one example of a storage system vendor who [re]sells libraries, haven't to my knowledge made an exclusive commitment to SDLT. If the wind blows toward LTO or M2 tape systems, ADIC will sell those drives.

I don't know why this company has fallen so much. I took it as an opportunity buy a little this morning. I will buy more on weakness.

Sam