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Technology Stocks : Adaptec (ADPT)
ADPT 17.10-8.5%3:59 PM EST

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To: The Philosopher who wrote (1617)4/7/1998 9:07:00 PM
From: Starowl  Read Replies (1) of 5944
 
Christopher: It isn't pretty. I think Mark may be doing something behind the scenes, to get the price down to his prediction: $18.50.

I am mystified about First Call earnings revisions, stepping down every four or five days. What's up? The stock's definitely out of favor now. But what gives with the frequent revisions? I'll steer clear of cynicism and analyst bashing. Can only presume they are doing their research. Still, the variables are many, making such fine tuning suspect. But their numbers are pretty safe. Hard to fault. MOT looks ahead six months before improvement. At least we might not be surprised on the downside--or will we?

Like you, I'm staying. I'm attracted to weird things, and this definitely is strange. At least we haven't lost much in the last three months. That's something. It's like sailing on calm seas, wishing for the wind.

Starowl
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