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Technology Stocks : Adaptec (ADPT)
ADPT 17.51-1.5%Jan 16 3:59 PM EST
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To: Robert O who wrote (3616)9/11/1998 9:31:00 PM
From: Gary Burton  Read Replies (2) of 5944
 
Re the Cash----Several semiequips who have no debt at all are currently trading such that Cash Net of LTD represents 75-80% of the stock price (eg. ASYT and BRKS, another one SFAM is at 95% level). So, ADPT with say 4 in Cash Net of LTD is nowhere near such support levels.
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