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


To: Tom M who wrote (1367)3/25/1998 5:51:00 PM
From: Camron Rafizadeh  Read Replies (2) | Respond to of 5944
 
As they say in China, before any up turn there is a down turn, after any down turn there is a up turn! ( Could be from any where , I am not sure about its origin) !
Tom, the law says you can only SHORT after 2 + ticks. This mechanism is precisely installed to avert downside trend on stocks. Secondly SHORTing, by nature, creates negative tick so a large block in excess of 100k is never possible to be shorted unless there is buyer for it ( which makes no sense). Thirdly have you seen bid of 100k for the same price, let's say 22 ¬? I guess what I'm getting at, those large trades today appeared to be even trade which at this point I don't even want to speculate Who /Whom and Why?
Let's leave at that. To my even opinion, a lot of large blocks were traded by not "little people".
So let's see what tomorrow unfolds!

Regards,,, Camron



To: Tom M who wrote (1367)3/25/1998 6:09:00 PM
From: Charles Tutt  Read Replies (2) | Respond to of 5944
 
I was thinking they might make the chip line they're buying from Analog Devices at the fab that comes with Symbios. That would be "synergy."

I doubled my ADPT holdings today, but that's not saying much, because I sold almost all of it back when it was in the high 30's and 40's (remember those days?).

JMHO.