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Technology Stocks : Adaptec (ADPT)
ADPT 17.53-6.2%1:35 PM EST

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To: Doug Skrypek who wrote (2120)5/12/1998 4:28:00 PM
From: Johnathan C. Doe   of 5944
 
It looks like a bounce off 17 is the next event from a technical standpoint. It 17 breaks; 12? If 17 holds; we will slowly move back to 19 and will sit around dead in the water for a while. If 17 cracks; we will base in the lower half of the teens I would figure. It would be an excellent buy at that level. After all; we did get a couple of nice bounces already and they should have been taken; now we go lower.
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