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

To: Maverick who wrote (1976)	5/1/1998 7:21:00 PM
From: slipnsip	Respond to of 5944

If we don't hold at 19 all bets off. However, with compaq getting upgraded and the drives makers coming off their lows, I would say we have a pretty good chance of holding. ADPT is the market leader in its areana. The institutions have always like it, and the 5 year chart is great. The computer hardware guys aren't dead, just wounded.

To: Maverick who wrote (1976)	5/1/1998 8:01:00 PM
From: Johnathan C. Doe	Respond to of 5944

Maverick, you talk like the 19 support has been broken; it won't be. Just watch. The volume will dry up and we will touch 19 and back we go to a trading range around 20 until the next press release. The market looks ahead 6 months anyhow so there isn't too much gloom here. Look at WDC that isn't supposed to recover for 6 months. 19 for ADPT = 15 for WDC so we are at a bottom. We won't just sit on it for long. The direction will be up; not down from that bottom or it wouldn't be a bottom right?