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

To: DatcaTG who wrote (1490)	3/30/1998 6:38:00 PM
From: Rich Uncle	Respond to of 5944

The analyst on CNBC was associated with Value Line. He said VL currently has adaptec at a '3' which is a hold. Since adpt has not yet broken it's January low of 19 1/2 there is still the possibility that it is putting in a double bottom. If adpt doen't isuue a pre- announcement warning then I think we may have seen the bottom. However, last quarter adpt ddin't issue its warning until approx. ten days before it reported its earnings so we still have to wait a couple to see what happens.