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


To: Patrick O'Connor who wrote (4080)11/21/1998 3:31:00 AM
From: Spaw  Read Replies (1) | Respond to of 5944
 
Pat,
I talked to my broker about the block.
They showed the trade crossing 45 minutes prior to the open.
$4.1 odd million shares.
On a technical basis, the stock is pulling off a solid cup with handle base, closing above the 200 day moving average. This with increasing volume. Very bullish.

--spaw--

PS: You can see the same pattern forming up on Parametric Technology (PMTC). Only thing missing is the move above the 200 day MA.