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


To: The Philosopher who wrote (1617)4/7/1998 9:07:00 PM
From: Starowl  Read Replies (1) | Respond to of 5944
 
Christopher: It isn't pretty. I think Mark may be doing something behind the scenes, to get the price down to his prediction: $18.50.

I am mystified about First Call earnings revisions, stepping down every four or five days. What's up? The stock's definitely out of favor now. But what gives with the frequent revisions? I'll steer clear of cynicism and analyst bashing. Can only presume they are doing their research. Still, the variables are many, making such fine tuning suspect. But their numbers are pretty safe. Hard to fault. MOT looks ahead six months before improvement. At least we might not be surprised on the downside--or will we?

Like you, I'm staying. I'm attracted to weird things, and this definitely is strange. At least we haven't lost much in the last three months. That's something. It's like sailing on calm seas, wishing for the wind.

Starowl



To: The Philosopher who wrote (1617)4/8/1998 9:34:00 AM
From: Tom M  Respond to of 5944
 
Chris, after losing 60%, the least they could do was lower the bar on future earnings projections. I don't see this as bad news, IMO. They can always raise the bar a bit in 6 or 9 mths to get some MO going if things work out.

BWDIK

Tom