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


To: The Philosopher who wrote (1513)3/31/1998 1:00:00 PM
From: Starowl  Read Replies (1) | Respond to of 5944
 
They're waiting for something. Perhaps it's Godot, in which case they'll miss out. I think they're waiting for news that can provide some momentum. There isn't much news that could drive the price down much further. And they don't want to get caught on a false rise only to see a drop after less-than upbeat earnings reports, not just from Adaptec but from other techs as well. The stock is idling in neutral right now, gassing up. The nudge into forward could come from some positive news from the company about earnings or the status of the Symbios deal and what it means for the future.

Just some of my thoughts.

Starowl