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Technology Stocks : Adaptec (ADPT)
ADPT 16.94-2.3%Nov 4 3:59 PM EST

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To: Mark who wrote (1279)3/25/1998 5:55:00 PM
From: Mark  Read Replies (1) of 5944
 
*** The ADPT Bull/Bear Poll - UPDATE ***

Headline - The poll has had its first casualty !

Comments.

The survey is NOT a real competition - The intention is simply to
increase our discussions/understanding, and hopefully have some fun !

The survey is only of value to long term investors - traders are
unlikely to find much of value here.

Target numbers will be judged against the daily closing price.

See the following link for details of how this arose -

Message 3763693

Current state of poll.

The current status of the poll can be crudely summarised as follows -

1) Almost everyone is bearish, with the belief that ADPT will likely
go lower in the short term.
2) Opinion on the low point is divided over whether a further
catalyst will emerge to further drive things down (e.g. mutual fund
selling, bad company news, market adjustment, etc.,).
3) In the group that believes such a catalyst will not arise, the
average view is that the price will go no lower than $20.
4) In the group that believes there will be such a catalyst, the
average view that the price could fall to around $17.50.

The lowest ADPT might go in the next few months is -

Jimmy - $22 :) Message 3776586

**** I'm afraid entries above here are now OUT ! Current Low is $21.25 25/Mar ****

Hans - $20.75 Message 3792483
Starowl - $20.50 Message 3783111
Sert - $20.25 Message 3786925
Bill U - $20 Message 3770784
Marcus - $20 Message 3773146
Arthur - $20 Message 3782512
Larry J - $19.50 Message 3763739
MetalTrader - $19 Message 3791501
Chris H - $18.50 Message 3779759
Tom - $18 Message 3837206
Mark H - $18 Message 3743162
Ludo - $17.25 Message 3777903
Zeev - $17 Message 3773690
Slob - $15.25 Message 3835802

Current Rules

o Anyone can revise their estimates at any time
o All supporting arguments/views are encouraged

New Homework.

Jay made some good suggestions for extensions to the poll - Thanks.

For the moment we will just concentrate on the following -

WHEN DO WE THINK THE BOTTOM WILL BE ?

Useful earlier posts for newbies/reference

Message 3723504
Message 3723840
Message 3724142
Message 3729782
Message 3735149
Message 3738117
Message 3743145
Message 3743162
Message 3744880
Message 3773146
Message 3773690
Message 3779827
Message 3782868
Message 3788554
Message 3792524
Message 3797382
Message 3811135

All suggestions, observations, etc., welcome !

Mark
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