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


To: Tom Buttram who wrote (712)12/11/1997 1:13:00 PM
From: Charles Tutt  Read Replies (2) | Respond to of 5944
 
I think ADPT is a great company, but I regretfully sold all but 100 of my shares this morning at a (for me, at this juncture, significant) loss. The pounding it's taking is predictable. Regardless of the truth, ADPT is perceived as a supplier to disk manufacturers and little else. I think there's a significant risk even at these seemingly bargain prices, and risk is something I can't afford much of right now. I was up most of the night agonizing over the decision, so I know I was in too deep.

JMHO, of course.