Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 16.17

+1.6%

3:59 PM EST

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To: Gary Burton who wrote (3172)	7/25/1998 1:09:00 AM
From: Bald Man from Mars	of 5944

<< This stock may well see 9-10 in the next week or so given the momentum but with say 2$ downside and 12$ upside on a momentum reversal, why anyone in their right mind would continue to sell down here sure escapes me. >> I think that there is a fear of dead money for the next 6 months, agree with you that downside is minimal, and upside is substantial (from this level - except that most of us bought it at a much higher level), so the maximum downside is $12, and the minimal upside is at least $15 in my opinion (maximum downside is if this dude goes to zero - very unlikely)

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