While ADIC may have upside to 16 over next few weeks, too many other stocks meeting my objectives will perform better for me. On another note, analysts have been hyping the storage sector for last few weeks, specifically EMC. While EMC has risen, seems to have had no significant positive impact on ADIC.
Being "DUMB" is relative. Sincerely - Good luck to you.
Read my complete posts as thats why people react as they do on these boards.I said that there is room for both,never suggesting that ADIC could match EMC.To answer his other question about EMC going up all the time while ADIC was going down,I suggest you look at EMC chart which has been in a down trend for a few weeks just like ADIC.The problem with investing in this day and age is that there are opinions all over the computer so you can choose the one you like.Morgan Stanley on Tuesday said chip equipment companies like AMAT which I own would be alright,yesterday another analyist at Morgan Stanley downgraded AMAT,one day later.Dan Niles a respected analyist has been on the fence for weeks about chip stocks and said you shouls stay away because volume would decrease over the next 18 months.The chip report just came out and said there would be an increase over the next 18 months.These people dont have a clue and now its even worse because they get the info. at the same time as us,so for the millions they make,they now have to do some work and as you can see it could be wrong,so dont react everyday at every word.Adamo