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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology) -- Ignore unavailable to you. Want to Upgrade?


To: tom who wrote (41)3/15/1998 12:15:00 AM
From: Mark Woolfson  Read Replies (1) | Respond to of 825
 
Guys,

I have been a stockholder for close to 2 1/2 years now. I have followed ADI's course since then and think that this stock has some really good potential. Of course, once there is something tangible to sell. This stock jumped from .87 to $7 way back when quite fast. I think in 2 weeks the jump was made.

Anyhows, I have faith for a few reasons. Cadence has the option to acquire up to a 10% stake in the company. This is another established vote of confidence in my opinion. I also don't think IBM would waste their time devoting resources to building chips that doesn't have long-term potential. Chip design is expensive in almost every aspect - even for IBM.

Mark