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: Zeev Hed who wrote (1247)	3/20/1998 11:15:00 AM
From: slob	Read Replies (2) of 5944

Zeev, How big a role do you think that the lawsuits will play? I the past I've seen a lot of "Fallen angles" keep falling way below reasonable valuations when Class Action suits are involved. At $20 ADPT sure looks cheap especially with Symbios under its management. Anyway I think I can keep my finger away from the buy button until the last quarters results are announced. I expect ADPT will see severe margin pressure for the first half of 98, thereafter it's anyones guess what will happen. If it falls to $15 than this has to be the best 3 bagger bet in the industry. Slob

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