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Technology Stocks : Adaptec (ADPT)
ADPT 18.40-0.6%Feb 2 3:59 PM EST

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To: slob who wrote (2620)6/12/1998 2:13:00 PM
From: Starowl  Read Replies (2) of 5944
 
slob: "bottom fishing season". While you and Mark are looking for the bottom, I am going off to the north for some fishing of my own--fly fishing during the mayfly hatches. Only I'll be fishing on the top, with dry flies. If when I come back your guess of the $9.50 support level has come true, will you then be looking for a support level of $5? Probably, and Mark will still be too full of uncertainties about Adaptec's technology to pony up cash for a piece of the company.
Where were you folks six months ago? You two have become the prophets of doom for an almost dead horse. That's not too difficult. Especially with the current collapse in Asia. Is Adaptec's current problem really EIDE? I doubt it seriously. Suddenly EIDE and UDMA dropped out of the sky, pulling the rug out from under Adaptec? I respect your technical knowledge, but . . . .

Let's see now, if I can just get this fly over into that little stretch of backwater, near that big log . . . ..

I sincerely hope you find the bottom you want, make a purchase, and make a killing on this stock. We all do.

Starowl
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