SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Adaptec (ADPT)
ADPT 17.33-0.2%Nov 3 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom M who wrote (1200)3/17/1998 10:50:00 AM
From: Mark Brophy  Read Replies (4) of 5944
 
That's a negative list?

Mark has made a persuasive case that the price will rise to 40-43 in 12-18 months, which would outperform every mutual fund in the country by a wide margin. If the market accepts his thesis, funds will flock to the stock and the price will rise.

The management has implied with the buyback program that the stock is undervalued. They've further implied that Symbios is an even better investment than their own underpriced stock. If you distrust the judgement of the management, you shouldn't own the company.

It's obvious to me that they're right. I'm reminded of that each day when I see the bulldozers constructing the new engineering building across the street from where their biggest customer is designing Merced. HP is also counting on gaining market share and will be constructing more buildings as soon as Fort Collins gives them the building permits.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext