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

To: The Philosopher who wrote (1364)	3/25/1998 4:27:00 PM
From: Xylophone	Read Replies (1) \| Respond to of 5944

All, I'm new to the Adaptec Thread. I am very much interested in seeing what kind of cash flows and technological innovations this company can generate. In at 23. Well aware that the stock is not trading well. Is today's volume signaling a bottom? Xylophone

To: The Philosopher who wrote (1364)	3/25/1998 4:59:00 PM
From: Mark	Read Replies (1) \| Respond to of 5944

Chris, It depends on whether it is a matched market, or whether there is an intermediary. I knew once, but can't remember if the Nasdaq is the first or the second ? If there are market makers then they might take stocks onto their books. Sure they are trading, and making buys=sells, and vice-versa, but they intend to hold the stock short-term rather than being investors. In such instances the stock that someone sells, goes through a buy:sell before it ends up with the final purchaser. I don't think I've explained this at all well, so perhaps someone can help ? (Including help ME to understand it better !) Mark