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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Starowl who wrote (5928)12/20/2003 4:33:43 PM
From: Jim Switz  Respond to of 5944
 
Same to you, SO. Man, sure has been some pent-up posting demand here, huh? All it took was a little ice-breaker.

And I agree - not much to say about Adaptec these days. Current management continues to fail, has for years, yet no changes forthcoming from the Board even after QLogic keeps showing how it's done. I suppose they don't care very much as long as they keep getting meeting fees and free dinners.

I'm still trying to discern all that "Shareholder Value" Bob Stephens used to promise he'd unlock for us.

Merry Christmas, Happy Hanukkah and New Year to all.



To: Starowl who wrote (5928)12/20/2003 5:27:43 PM
From: The Philosopher  Respond to of 5944
 
No.

There's no reason at all to jump in.

I am hanging on to my remaining stock just because . . . well, because why not. Fortunately I dumped most of it when the stock was in the 50s, so I can't complain. And if it ever gets there again, well, I'll have more money than I do now.

And pigs will be flying all over the world.



To: Starowl who wrote (5928)12/29/2003 4:00:39 PM
From: zax  Read Replies (1) | Respond to of 5944
 
I closed out a year-old position today at 9.02 (b 12/23/02 @ 5.47).

I thought it was cheap last December, but now I believe that ADPT's core SCSI market line is going to be squeezed by IDE RAID which costs so much dramatically less. I think this is much more a threat than Q-Logic.

Anyhoo, its been a fun ride. I join you folks in failing to see the up-side from here.