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Technology Stocks : Adaptive Broadband (NASDAQ:ADAP)
ADAP 0.0570+13.5%Oct 27 3:59 PM EST
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To: pass pass who wrote (71)3/28/2000 4:03:00 PM
From: Joe Valente  Read Replies (2) of 215
 
Nathan,

I really like ADAP and think they will rebound,but you
have to look at their valuations. Right now their P/S(stock
price to last year's revenue) is around 22. That's a lot
better than 40 plus when the stock was trading at 209.
However, as an example VARL which is also in the fixed wireless business has a current P/S ratio of 6 and they
have hardly been affected by Nasdaq's recent declines.

Having said that, it might be a good time to buy both
stocks.

Good luck.
Joe
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