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Technology Stocks : Adaptec (ADPT)
ADPT 17.58-1.7%Jan 21 3:59 PM EST
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To: Bald Man from Mars who wrote (3668)9/15/1998 10:17:00 PM
From: Investor2  Read Replies (1) of 5944
 
Re: "when will this dude go back to the 20s, 30s ..."

I don't see any reason why ADPT can't double over the next three years, which would correspond to a price of about $20 after three excellent years of 30%+ returns. After that, the returns may drop down to a more typical 10 to 15% per year, so it could hit $30 in about five to seven years.

To All: The above projections are based on great returns of up to 33% per year. What do you think about the projection? Is 30%+ just too optimistic to be realistic?

Best wishes,

I2
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