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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Starowl who wrote (876)1/17/1998 1:50:00 PM
From: Starowl  Read Replies (2) | Respond to of 5944
 
Who owns Adaptec stock? I had heard (maybe on this thread) that institutions own about 80 percent. Out of curiosity I did a bit of research. Turns out that 533 institutions* own Adaptec, holding 88.9 percent of its shares. This is one major factor in its volatility.

(* an institution was defined as: banks, insurance companies, or mutual funds with equity assets over $100 million.)

This compares to institutions owning about only 54 percent of Intel.

Starowl