Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 17.06

+0.7%

11:47 AM EST

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To: Mark Brophy who wrote (1393)	3/26/1998 12:10:00 PM
From: David Nelson	Read Replies (1) of 5944

To All: I haven't posted on this thread since ADPT was in the 50's. I sold, not because I was smart, but because I got stopped out. I have been watching ADPT for an entry point and got in at 23 1/2 just before the Symbios announcement -- pure luck. Well I sold out on the pop up because ADPT went to far too fast and never seems to hold on to fast run-ups. Wow, I was lucky to get out because ADPT fell again. I've been debating taking a position since ADPT fell below 21 1/2 yesterday. My problem is this: I don't like to try to catch a falling knife unless I understand why the price fell. Does anyone have any clues why stock dropped again yesterday? --Dave

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