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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Tom Caruthers who wrote (856)	3/14/1998 5:45:00 PM
From: Meghan Richards	Respond to of 2882

Insider selling of ADI shares appears to have dried up. According to the Daily Graphs service, there haven't been any insider sells of ADI shares in 1998. For those familiar with this stock, insider selling is fairly regular (mostly because this is how the big wigs pick up the bulk of their compensation). Going back over the past year, this is the longest stretch without an insider sell. Things look pretty good for ADI's stock price. Earnings strength is strong (IBD's EPS ranking = 88), insiders are holding (which is unusual for this particular stock), relative strength is improving, accumulation indicators (BOP, TSV, OBV & IBD's A/D) are all showing strong signs of accumulation, and the stock price has now settled into the middle of it's last resistance level (i.e. indicating overhead supply will not be much of a problem. I think I can understand why so many folks are commenting that ADI is a buy. I tend to agree.