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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Bo Didley who wrote (98156)5/18/2000 3:10:00 AM
From: Jenna  Read Replies (5) | Respond to of 120523
 
ADIC marketgems.com Well it did move back to its humble beginnings of September 1999, in the last downfall of ADIC. If you held if for the last 2 months it wouldn't matter how much money it earned. I do agree its a 'steal' at these prices.

ADIC is not unlike quite a few technology stocks and goes to show that uptrends come to a rather dispiriting and devastating end. There were ample signs to get out of ADIC and other tech stocks. FLEX was the precursor for me to get out and even though some holders might have gotten out with as much as 20% loss of previous highs (and that is quite a lot which is why you need stops), it was better than 300% loss.

But following 'endings' are usually new beginnings and that's what I would be 'banking' on for ADIC and many other tech stocks in the next 2-6 months