Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 18.40

-0.6%

Feb 2 3:59 PM EST

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To: Arthur who wrote (2588)	6/18/1998 10:05:00 PM
From: Arthur	Read Replies (1) of 5944

S&P Outlook Standard & Poor's - The Outlook - June 10 1998 pg 9 Adaptec was deleted from Group 4 ( Aggressive Small/Mid-Cap Stocks for Long Term Appreciation). They are now expecting the "longer-than expected contraction in Asia will propose this recovery. Still, we believe the shares are worth holding." FYE Mar $1.50 wallstreetguru.com -------- This probably partially explains the weakness at the end of last week. They were recommending ADPT at $50 but waited until $15 to take it off the list! If this represents the last one to throw in the towel it could indicate the bottom. ------- Standard & Poor's - The Outlook - June 17 1998 pg 16 ADPT is still on S&P's Platinum Portfolio Fair value $44.30!

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