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Technology Stocks : Adaptec (ADPT)
ADPT 16.82-2.8%1:51 PM EST

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To: Jim Switz who wrote (3787)9/30/1998 3:17:00 PM
From: Tom M  Read Replies (1) of 5944
 
Anyone else having trouble buying "anything" after this ADPT experience? Man, if everybody has one ADPT in their portfolio, they know what can happen. And by the number of New Lows we've seen this entire year, I'll bet most people have one that's been taken out and shot. Makes me think we can set some serious new lows in this market. When things are priced for perfection, the upside just isn't worth it when they take you behind the shed and strip multiple years of gains away. Every time I evaluate a stock that dipped lately, I think of the ADPT downtrend & usually pass.

Thread's justifiably slow lately so I figured I'd just vent a bit ;-)

good luck all,
Tom
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