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Technology Stocks : Adaptec (ADPT)
ADPT 17.33-0.2%3:59 PM EST

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To: jimmy who wrote (1248)3/20/1998 11:11:00 AM
From: The Philosopher   of 5944
 
>>Mark, $22 will be the bottom. Upwards from here :)
>>
>> jimmy

If you think 22 will be the bottom, hold your breath. 22 1/16 at 11:00 this morning.

I would love to belive that we are on an upswing -- ADPT is far too big a holding in my portfolio -- but the trenchant comments on this thread giving reasons for caution are persuasive of a 3, 6, or 9 month period of not much fun in the stock. 18.50, I hope not, but not impossible, unfortunately. But in the long run, the fundamentals are still there and the management is still good.
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