Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 16.84

-9.9%

10:16 AM EST

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To: hitesh puri who wrote (2172)	5/14/1998 4:25:00 PM
From: Peter Yang	of 5944

>>Basically I see their fortune tied with the Disk Drive makers and they indicated that they only see a turnaround in fall.<< Then why did you buy it now? This dog is making new lows every day and the bottom is still not in the sight yet, IMO. It will languish in the current level barring any major market correction. If major correction does happen, we'll see ADPT joining the camp with RDRT and APM in low tens or sub-tens. I'm watching closely on the sideline to pull the trigger, but not now.

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