Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 17.33

-0.2%

Nov 3 3:59 PM EST

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To: Mark who wrote (1249)	3/20/1998 9:08:00 AM
From: Ludo	of 5944

>The lowest ADPT might get to in the next 3 months is - > > Jimmy - $22 :) I think he'll be proven wrong today as the preopen ask is already under 22 (21 3/4 at 9:00). (post sending editing: the ask was either false or an order has been removed, since I see 22 1/2 now. however, the bottom is still my perception anyway.) However, I think that ADPT can (induly) go as down as 17.25 within a month or so based on movements of the whole market and window dressing from funds. So yes, your order would be filled I think. There is however a fair chance that I place a buy order at a price higher than that, because I think ADPT at 20 would be a very good deal already. If I see it go lower, I'll wait, but not very long, as the price surge can be very fast when everybody feels the bottom has been seen. Ludo

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