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Technology Stocks : Adaptec (ADPT)
ADPT 15.86+0.5%Feb 9 3:59 PM EST
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To: Starowl who wrote (4054)11/16/1998 11:50:00 AM
From: The Philosopher  Read Replies (1) of 5944
 
What do you call a "decent rise" over the next six months? I frankly don't think we're going up substantially until the fiscal year results are in and Bouchier has shown two positive quarters. And until the long term management picture is clarified. Take your expected earnings for 99 and 00 and multiply them by what you consider an appropriate multiplier and if you're like me you're not going to get anything much over 20. Adaptec doesn't deserve a multiplier of 40 or more at this point!
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