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To: microhoogle! who wrote (1238)	8/25/2000 3:11:33 AM
From: Mark Fowler	Respond to of 57684

Mark, You brought ADCT to my attention. Any ideas why the stock seems to be languishing after what I thought were good earnings? Had it run ahead of itself. The long term chart looked so impressive when it was above 40. TIA, -Murali << Yes Adct and agree good earnings momentum in high growth sector and is sitting on near term support $38. Recently the stock has had a few down grades from buy to accumulate and a few reiterations on the buy and strong buy side. My take on this issue now is it will consolidate the good run in the interm. When i bought this stock it was during what looked like, at the time, a break out, then shot down to 33 when the Markets sold off going into August. The stock could go for a test in $33 range here near term. The worst i see on the downside is the 29-30. Right now it's on hold with me.