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


To: Bald Eagle who wrote (1933)5/1/1998 11:59:00 AM
From: Bald Man from Mars  Read Replies (1) | Respond to of 5944
 
<< Looks like it has pretty good support at 19, so hopefully, the downside
is limited to that level, but if it breaks below 19, who knows where it will
go?>>

Not much further ...
They made 20 cents this quarter, assuming things pick up a bit
and for easy calculation, they are going to make $1.00 for the
whole year, so the PE is around 21 ...
Is this a fair PE for this dude or undervalue ...

I really don't see this dude falls that much further, but my
concern is whether it will be dead money for awhile.