Starowl,
Thanks for sharing your confidence. I'm, like yourself, very long in this stock at such a stealing price. For me, although I am not worry about the lawsuites, Adaptec certainly left last quarter's fall short unexplained. Especially when (1) Q4 usually is the best Q of the year, (2) Intel, Microsoft, Sun, Dell...etc all reported a pretty decent Q4 earning. (3)Host adapter still acounts for 60% of Adaptec revenue, hard disk businese condition maybe bad, but how much would it affect Adaptec's bottom line? (4)What happen to NIC and ATM business in Adaptec? How much of revenue can we expect?(5) Sub-1000 PC and Ultra DMA drive
Because of all these, I certainly have a reason to doubt if the ground has been shifted. BTW, I already registered "Technology Forum" for next Monday. Let's see what's happening then.
Chitao |
