Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 15.44

+0.1%

Dec 12 9:30 AM EST

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To: Charles Tutt who wrote (713)	12/11/1997 1:33:00 PM
From: Starowl	Read Replies (1) of 5944

When does the fun return? You obviously weighed your options, evaluated your situation, and did what you believe necessary. Perhaps when the dust settles, you'll get back in. I am holding, having no great anticipated need in the near future for extra cash. I'd sell a questionable company in a shaky market (like now) but not this one. My blurred vision sees several months of wallowing for ADPT and other techs, until warmth returns to the East. Also, I think the Iraq problem is not resolved--we could witness a US military response of some significant proportions, depending upon Saddam's actions over the next two weeks. That wouldn't help matters. Who could have predicted the Asian crisis? What can be predicted are more earnings warnings and disappointments resulting from both the Asian currency weakness and its economic chaos. Expect some gloomy days. But the sun will shine again. It is only my opinion. Good luck Starowl

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