Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Larry J. who wrote (2141)	5/13/1998 5:36:00 PM
From: Mark	Read Replies (3) \| Respond to of 5944

Interesting that First Call now has 7 analysts' consensus estimates all the way down to .98 for FY (March) '99, (from a pre-earnings $1.70) without downgrading their recommendations. Larry, So if you are going to value this stock on the basis of 98c FY'98 EPS, significantly down from FY '98, what do you reckon is a fair price ? My point is that you seem to be quite bullish about a turnaround, which I do not necessarily disagree with, but whether we can profit from it surely depends on knowing where the bottom is ? I am not a subscriber to the "what goes down, must go up" school, and would love some estimates on where people think the bottom will be so that we can all benefit. :) Mark