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

To: Mark who wrote (1249)	3/20/1998 9:08:00 AM
From: Ludo	Respond to of 5944

>The lowest ADPT might get to in the next 3 months is - > > Jimmy - $22 :) I think he'll be proven wrong today as the preopen ask is already under 22 (21 3/4 at 9:00). (post sending editing: the ask was either false or an order has been removed, since I see 22 1/2 now. however, the bottom is still my perception anyway.) However, I think that ADPT can (induly) go as down as 17.25 within a month or so based on movements of the whole market and window dressing from funds. So yes, your order would be filled I think. There is however a fair chance that I place a buy order at a price higher than that, because I think ADPT at 20 would be a very good deal already. If I see it go lower, I'll wait, but not very long, as the price surge can be very fast when everybody feels the bottom has been seen. Ludo

To: Mark who wrote (1249)	3/20/1998 2:54:00 PM
From: Mark	Read Replies (2) \| Respond to of 5944

* The ADPT Bull/Bear Poll - UPDATE * Who thinks that ADPT will go significantly lower than $22.50 in the next three months ? If I placed a buy today (19 March '98) at $18.50, valid for 3 months, who thinks I would get some stock ? The current state of the survey. The lowest ADPT might go in the next few months is - Jimmy - $22 :) Message 3776586 Starowl - $20.50 Message 3783111 Bill U - $20 Message 3770784 Marcus - $20 Message 3773146 Arthur - $20 Message 3782512 Larry J - $19.50 Message 3763739 Chris H - $18.50 Message 3779759 Mark H - $18 Message 3743162 Ludo - $17.25 Message 3777903 Zeev - $17 Message 3773690 Slob - $15 * Message 3782914 Thankyou to everyone who has made suggestions - especially to those who have backed their numbers with arguments. There are some really good posts amongst the above. Still time to add more entries ! Mark