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Technology Stocks : Adaptec (ADPT)
ADPT 16.50+2.4%Dec 18 4:00 PM EST

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To: BIGEJOE who wrote (806)1/9/1998 3:29:00 PM
From: L.B.Nguyen  Read Replies (2) of 5944
 
"""21 5/8..ARE THEY REALLY GOING TO LET THIS STOCK END UP WITH 14+ LOSS FROM YESTERDAY'S CLOSE...THATS A BIG HIT FOR A 13 P/E.""""

IMHO, think MM will have this stock between 26-27.5 at Jan option expiration date. All Jan calls will expire worthless and minimal pay out for Jan Puts. Many Tech stocks are getting kill today. LBN
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