Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: N. David Lessani who wrote (1442)	3/27/1998 9:58:00 PM
From: Bargain Hunter	Read Replies (1) \| Respond to of 5944

The sellers already sold and bargain hunters are arriving. I can't speak for the sellers but, yes, I bought some ADPT yesterday. How did you know? Just so that this post isn't entirely frivolous, a few comments on the lawsuits. Most of the lawsuits filed so far against ADPT look like the standard nuisance suits. It is hard to believe that the lawyers are on the side of the shareholders when they sue the company, i.e. the shareholders. But the latest one (http://biz.yahoo.com/prnews/980326/ca_alexand_1.html) could be more interesting because it does not target the company, as discussed by others on the thread. But the test of whether there is any real wrongdoing should be judged by whether the suit is just settled quickly for a fraction of the claimed damages, like the standard nuisance suits, or whether the filers show their conviction by going to trial.