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Technology Stocks : Adaptec (ADPT)
ADPT 18.62+14.1%Nov 21 3:59 PM EST

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To: Johnathan C. Doe who wrote (2119)5/12/1998 4:43:00 PM
From: Doug  Read Replies (3) of 5944
 
J.C.D: A breakdown of the technicals is usually a warning sign. I believe the current (after the acquisition) debt/equity ratio is causing a shift in previous valuations. Any stock with high debt/equity relative to the group usually has lower valuations than the rest.

There has to be a reason for this breakdown. If we can pinpoint the reason for this slide ,we may be able to better assess the future.
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