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

To: Doug Skrypek who wrote (2120)5/12/1998 4:28:00 PM
From: Johnathan C. Doe  Respond to of 5944
 
It looks like a bounce off 17 is the next event from a technical standpoint. It 17 breaks; 12? If 17 holds; we will slowly move back to 19 and will sit around dead in the water for a while. If 17 cracks; we will base in the lower half of the teens I would figure. It would be an excellent buy at that level. After all; we did get a couple of nice bounces already and they should have been taken; now we go lower.



To: Doug Skrypek who wrote (2120)5/12/1998 5:12:00 PM
From: Charles Tutt  Read Replies (1) | Respond to of 5944
 
I doubt whether it has much to do with the stock's performance, but Adaptec has recently generated some less-than-wonderful press over on comp.periphs.scsi as a result of releasing a BIOS update for the 2940UW (one of their popular cards) that had some problems. The offending update has been withdrawn.

JMHO.


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