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Technology Stocks : Adaptec (ADPT)
ADPT 18.18-1.1%12:35 PM EST

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To: Dougerdad who wrote (2444)5/30/1998 11:02:00 AM
From: Starowl  Read Replies (2) of 5944
 
Dougerdad: Good luck! But I wouldn't be so certain about which one reaches $20 first. Mylex last saw $20 about 2 1/2 years ago. And that apparently was a fluke. Nonetheless, at $7 a share now, even if it only reaches $14 in a year, not a bad investment. And past performance does not necessarily predict the future.

I'm still holding for a reversal in Adaptec's fortunes. The FTC decision on Symbios should boost the stock, whichever way it goes. Given the efforts Adaptec must already have put into the merger, I hope for an FTC approval.

Starowl
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