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Technology Stocks : Adaptec (ADPT)
ADPT 19.04+2.6%1:57 PM EST

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To: Mark Brophy who wrote (2340)5/20/1998 1:37:00 PM
From: Tom M  Read Replies (1) of 5944
 
I'd add a caution regarding PTEC (Phoenix) as they just made an acquisition and haven't set a major new low for this yet. Much like I had been warning there'd most likely be a new low set for each of ADPT's acquisitions. For a while it looked like ADPT's last acquisition wasn't going to set a new low. But it sure did.

Mark B. and I have both held PTEC a while and it has been one of the worst tech stocks to own over the last couple years if you didn't trade it when management did (hmmm, sounds familiar).

I'll wager PTEC does single digits. BWDIK.

best of luck,
Tom
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