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Technology Stocks : Adaptec (ADPT)
ADPT 15.91-2.0%Jan 2 9:30 AM EST
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To: MetalTrader who wrote (1343)3/24/1998 6:31:00 PM
From: Capitalizer   of 5944
 
<<My impression is that ADPT is scrambling to maintain total sales as their core
market falls apart>>.

So do you think that's good or bad?

I want to think that this is good. However, I recently left a very well known high technology company who's core technology was being picked away at by the competition more and more with competing technologies. In an attempt to maintain sales, this company went on a buying spree of "related technologies" a few years back and truly has never recovered.

If they can handle the tremendous infrastructure change then all the power to them. I held ADPT since 1992 and sadly sold out this year as I saw a repeat of a familiar patterns and too many other opportunities. Hopefully I am wrong, but I am certainly skeptical.
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