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Technology Stocks : Adaptec (ADPT)
ADPT 15.70+1.6%Dec 15 3:59 PM EST
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To: jgercke who wrote (1500)3/31/1998 9:07:00 AM
From: w2j2  Read Replies (1) of 5944
 
JG: I bought some more also. This, I think, is a good example of how we small investors can make money:

Adaptec is dominant in its industry, and has "missed" a quarter or two.

In the mean time, management is securing their dominance in adapters AND executing their growth strategy by purchasing Symbios at a bargain and the ASIC line from AMD.

They are also on the leading edge of new technology (Fibre Channel).

At current valuation, the stock is undervalued.

So whether the current quarter is a disappointment or not, for the little guy who has patience this looks like a good bet. IMHO wj
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