Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 17.30

-6.5%

Feb 4 3:59 PM EST

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To: DanZ who wrote (2582)	6/10/1998 10:21:00 PM
From: Brian Diggle	Read Replies (1) of 5944

Let's get back to fundamentals of the stock that we all care about. Criticisms of others posts on the "fundamentals of ADPT" are welcome but criticisms of others knowledge seem some what counter productive. The last time I checked, ADTP was trading at less than 10X trailing earnings. This is a ridiculous PE for a high tech company, even one that is having "problems". Does the "low PE" have anything to do with the negative comments on this thread? Note:I took an "initial position" at $ 19 (trying to catch a falling knife). If it falls to $ 10 then I will invest a equal dollar amount which will make ny average cost to $ 13.80 If you're long (own shares) of ADPT then you should be posting positive not negative comments on ADTP. If you're short (sold or actually sold shares you didn't own) then tell us why?

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