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Technology Stocks : Adaptec (ADPT)
ADPT 16.24-1.1%Dec 31 3:59 PM EST

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To: Starowl who wrote (3059)7/22/1998 7:39:00 PM
From: Larry J.  Read Replies (1) of 5944
 
Starowl, I considered the same as a contrarian indicator, as ADPT was trending up into last quarters release. I was itching to buy more today @ 12 5/8; even entered the order only to cancel soon after before I got a fill.

Don't they say buy when the fear is the greatest. I genuinely think that the negatives might truly be on the table, and meeting expectations (which have been reduced 30% since last quarter) of .14 with even a glimmer of hope for future quarters will send this stock scurrying upward in a hurry.

Black or Red...........that's about the extent of it!

Larry
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