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Technology Stocks : Adaptec (ADPT)
ADPT 19.12+3.1%Jan 26 3:59 PM EST
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To: Torben Noerup Nielsen who wrote (1896)5/1/1998 1:26:00 AM
From: Jay Lowe  Read Replies (1) of 5944
 
Very cool thinking, Torben ... nice summary of
probable scenario.

I think, given the current market/technical situation
and ADPT relative position ... that this may be a
very good entry opportunity.

Remember, it was 20 only a week or so ago, yes? This
recent upsie-daisy is just noise.

We longs are looking for ADPT at 40 ... 20 -> 23 -> 20
is not news. 20 -> 23 -> 17 is a gift!

The "40 Story" just got better today ... we saw the
management Managing.
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