Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 17.51

-1.5%

3:59 PM EST

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To: Bald Eagle who wrote (2929)	7/10/1998 12:33:00 AM
From: RandyRags	Read Replies (1) of 5944

ADPT has been in S&P's Platinum portfolio for some time. That's where I first heard of it. Four months ago, S&P gave ADPT a fair value of $47 which has been revised downward to $34. As a bit of positive press for ADPT, it's fine. Hopefully it will generate additional grass roots support. As an analysis, the rating reflects a real lack of work and understanding of ADPT. It's worthless. I've been reading this board's posts for the past two months and appreciate the market and technical insights that many of you have supplied. I was long until early last Thursday and now believe the stock will retest the $12.50 low. So I'll wait until earnings are out and the dust settles to get back in.

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