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


To: David Nelson who wrote (1428)3/27/1998 11:50:00 AM
From: Jay Lowe  Respond to of 5944
 
<< I'm looking for an entry point to go long >>

Same here ... but don't think we've seen the bottom.

Feels close ... buy any bad news could knock off another
couple of points ... that's my take, anyway.

My various indicators are all sideways at this point,
so I'll just wait for a bit.

I'll bet I'm not alone in this attitude ... methinks
there are a lot of ambivalent ADPT observers lurking,
wondering, figuring ... got some backed up energy here.



To: David Nelson who wrote (1428)3/27/1998 5:28:00 PM
From: N. David Lessani  Read Replies (1) | Respond to of 5944
 
ADPT at 21

I was watching the tape closely minute bt minute today. The reason ADPT hit 21.00/share was an institution purchased three block of 50,000 shares at 21. Ladies and gentlemen : when institution stopped window dressing and start buying, watch out we may have reached the bottom. I agree with you. Institution also know about law suits. All considered, ADPT is base making for future upturn. The sellers already sold and bargain hunters are arriving. The same exact pictures was true for ORCL, ASND only three months ago.