Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 20.34

-0.6%

3:59 PM EST

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To: Starowl who wrote (701)	12/7/1997 10:47:00 AM
From: LoLoLoLita	Read Replies (3) of 5944

Well, I'm buying some ADPT "at the market" Monday whatever it opens at. Depending on which way it goes from there, may buy more. It could be that ADPT got (irrationally) lumped in with the selloff in semis last week, and other irrational concerns about their link with WDC. Anyway, in my choosing between ALTR and ADPT (big losers last week) hoping for a quick flip (I already jumped in on CS), ADPT seems the much safer bet because they may have a chance at beating the consensus estimates instead of falling short. But, even with a slight shortfall, ADPT could be back to 50 pretty soon as long as the overall Christmas Buying Season in the S&P 500 continues.

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