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To: Paul Senior who wrote (30071)2/16/2008 10:56:28 PM
From: Debt Free  Read Replies (1) | Respond to of 78764
 
Paul

Thanks for your reply - I need to do more analysis like that just to have a better handle of the stock. Maybe it will help to minimize potential losses.



To: Paul Senior who wrote (30071)2/17/2008 11:01:24 AM
From: Jurgis Bekepuris  Read Replies (2) | Respond to of 78764
 
ADPT is one of the perennial net-nets. Of course that does not mean that the stock won't work out at some point. I remember some net net from 1997 or something where it had languished for 5 years or so and then shoot up as a buyout or restructuring or something. Some cooking utensil company I think. :) The drawback of ADPT is that if they are on the lagging end of technology curve they may not have a cash cow business if they don't re-innovate.



To: Paul Senior who wrote (30071)5/11/2009 2:05:31 PM
From: Paul Senior  Respond to of 78764
 
ADPT. Was in, out, and now am in again, for a few shares. No change in analysis or outlook imo. Company is a cigar-butt, selling below cash. Not a Graham net-net though.

Haven't had much - if any - success with below-cash plays in past year or two. Somewhat better with Graham net-nets.

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