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Technology Stocks : Adaptec (ADPT)
ADPT 17.10-8.5%3:59 PM EST

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To: Torben Noerup Nielsen who wrote (1886)4/30/1998 9:35:00 PM
From: Fred Fahmy  Read Replies (1) of 5944
 
Torben,

Most rational, well though out post I have read on this thread in a long time. Thanks.

You have to keep in mind that much of the moaning and groaning here stems from ignorance and the desire to get rich quick while ignoring the bigger picture. Anyone who found today's earnings release surprising has not been following the company very closely or listening very well. Short term we might very well see selling pressure as some of the retail investors who bought on groundless hopes of an upside surprise bail. Longer term, it seems to me like management is on track to get more than their fair share of a growing pie.

FF
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