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


To: srvhap who wrote (1683)4/16/1998 3:55:00 PM
From: Mark Brophy  Read Replies (1) | Respond to of 5944
 
Symbios supports Fiber Channel.

A friend of mine is an engineer in that area. They have job interviews with prospective employees in the group nearly every day. It doesn't sound to me like a company in trouble, as the stock price indicates.



To: srvhap who wrote (1683)4/17/1998 12:04:00 AM
From: Johnathan C. Doe  Respond to of 5944
 
I don't see ADPT trading for a year within a 1 point range; this is what you are arguing as a view of this stock's likely price behavior? If it flatlines, then I would just trade it more quickly with 5000 shares and look for a point after bad news comes out and it drops off or if it crashes with a collapse in the market. I don't see this company going chapter 11 in the next 6 months; do you? Speaking of Apple computer; who would have thought it wise to buy that stock at $15 a share; the company at that price point was OBVIOUSLY going chapter 11. This is how you evaluate the market in a given tech stock? WDC was going out of business as well when it was at around $14 a share. This is the kind of approach to analysis seen alot; the price is down so the company must have nothing going for it and the future is all doom and gloom.