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


To: Zeev Hed who wrote (2066)5/6/1998 1:46:00 PM
From: Johnathan C. Doe  Respond to of 5944
 
The SEA was not malaise but panic dumping of stocks taking many down far below the lowest point I would have ever expected possible. The fact that earnings disasters did not manifest and will not manifest due to Asia means that we won't have a repeat of that happening. The market is though looking for an excuse to sell for the purposes of taking profits that are huge since the beginning of the year. It might be interest rates although any excuse will do. ADPT won't be much affected since it is already crushed. I don't think you will get you 17 1/2.