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Technology Stocks : Adaptec (ADPT)
ADPT 16.34+7.7%Nov 20 3:59 PM EST

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To: Torben Noerup Nielsen who wrote (2128)5/12/1998 11:54:00 PM
From: Larry J.  Read Replies (1) of 5944
 
Mark, I am extremely confident that ADPT will be one of those stocks that many people will look at in several months and say "and to think you could have bought that stock for $18 per share in May.......I wish I wasn't so fu^%%*&g scared and loaded the boat at those levels."

ADPT will join the ranks of ASND @ $22, ORCL @ $18, and CPQ @$23. Whether the bottom is $18 13/16, 17 1/2, or $15, this IMHO represents an opportunity to buy a market leader at a great price. If you don't like the risk / reward profile of ADPT at this price then you're probably better in CD's. I haven't added to my position since Monday prior to earnings @ (21 5/8), but plan to add shares on any additional weakness from todays close. This one's almost a "no brainer".

I view RDRT in the same capacity 10 11/16.

Larry

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