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Technology Stocks : Adaptec (ADPT)
ADPT 15.78-9.6%10:34 AM EST
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To: Starowl who wrote (925)1/21/1998 11:45:00 PM
From: mark pearson  Read Replies (1) of 5944
 
ValueLine's revised estimate for FY1997 is 1.90 (from January 16 assuming a 0.40 quarter which was a slight overestimate). Even if 1998 is flat, since the market is always looking forward, it seems ADPT should regain a PE of 20 in another quarter or two.
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