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Technology Stocks : Adaptec (ADPT)
ADPT 13.93-1.4%1:07 PM EST
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To: Starowl who wrote (1021)2/12/1998 11:57:00 PM
From: ChiTao  Read Replies (2) of 5944
 
Starowl, S&P report to me is no better than any street analysts. It rated ADPT at buy (5 stars) when it's at $50 and downgraded it to hold when it's at low 20s. I'd give them credit if the downgrade came before the crash. Whatever it said may be true for now, but I am sure it will change its rating again just as soon as the stock moving up. After all, in this business, nobody can predict 6 months down the road, even ADPT itself. IMHO.
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