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Technology Stocks : Adaptec (ADPT)
ADPT 15.58-11.5%3:59 PM EST
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To: Jay Fisk who wrote (1150)3/9/1998 11:20:00 PM
From: Verona  Read Replies (1) of 5944
 
Jay-Thanks for the story. I think its right on the money. Wall street has such a short term vision of company value. The individual investor
has to be more patient and recognize value. remember last thurs? The world was comming to an end with intc preannouncement. The next day the naz
was flying high. We may have a week or two of skidishness, but I feel
most tech stocks have been beaten up since Oct. There have only been a popular handfull of
stocks that flew high. When there is talk of a 10% correction you have to look at ones own portfolio and say
"sh*t mine have been down over 10% for quite some time now. Heck CPQ was down 10% today alone!!! How many stocks
do you think are down at least 40-50% off their highs in the tech sector? I could name quite a few ie. coms, asnd
qntm, wdc, seg, cube, cfmt etc. Still waiting.

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