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Technology Stocks : Adaptec (ADPT)
ADPT 14.81-4.9%Nov 7 9:30 AM EST
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To: Torben Noerup Nielsen who wrote (1724)4/23/1998 12:18:00 AM
From: Johnathan C. Doe  Read Replies (2) of 5944
 
Torben, we have all looked at this stock sitting at a bottom and it was time for action. What is so interesting about these times is how difficult it is to trust the situation. At the buy time; the price where people will look back and say, "Man, I should have bought it when it was xx.xx", that is the maximum moment of doubt. I am just surprised that after looking at the chart action anyone is still apologizing for buying ADPT at around 20 or less. It is just such a steal. Look at the momentum that is in WDC these days. That stock was such a buy at 15 and look at how many times it traded up then down before moving out of the ditch. It wasn't really that long of a wait though.
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