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

To: Jon Klaus who wrote (1117)2/26/1998 10:34:00 AM
From: Bald Eagle  Read Replies (1) | Respond to of 5944
 
<<Any news?>>
Not that I heard, but it looks like the Mar 25 covered calls I sold are getting expensive to buy back, but it's a long way to March 20th and expiration time. I'll check for news.



To: Jon Klaus who wrote (1117)2/26/1998 10:54:00 AM
From: General Crude  Read Replies (2) | Respond to of 5944
 
Stock is simply undervalued in comparison to other high tech stocks. If you look at ADPT and INTC last quarter with regard to revenue increases and earnings growth they look very similar IMO, but ADPT got hammered and INTC didn't. INTC has upgrades all the time on motherboards; it is my understanding ADPT doesn't when it comes to SCII, which hurts. I am betting that last quarter and this quarter are mere speed bumps.

Good Luck.

Doug


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