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

To: Bald Man from Mars who wrote (2261)5/18/1998 12:10:00 PM
From: Jay Lowe  Read Replies (1) | Respond to of 5944
 
Not to worry, gentlemen, I got tired of the drift and
placed a limit @15 3/4. My limits never hit in this type
of situation, so it won't go lower than that hereafter.



To: Bald Man from Mars who wrote (2261)5/18/1998 12:36:00 PM
From: K Rahim  Respond to of 5944
 
I own this stock since everybody was loving it last year!! But recent performance reminds me of CTN, it went down to $1 from $50 last year. Few weeks ago the Dow Jones guys on CNBC said that insiders are selling (in 20's!!). I got seriously worried and recent price decline is increasing my worries. Today stock is trading at May 1995 level!! The major support is 15 if it goes through it easily, like it did at 17 1/2 support, I will think that something more than panic sell off is going on. Hope people who may work for the company or are in this business can help. KR



To: Bald Man from Mars who wrote (2261)5/18/1998 4:16:00 PM
From: General Crude  Read Replies (2) | Respond to of 5944
 
How do you ever decide when to buy or sell if you don't ever form an opinion? You gotta play the game if you want to make some $$$$$. Of course we can lose $$$$ too. Someone on SI said something to the effect that a bell does not ring at the tops or the bottoms. In any event the invisible hand of the market will decide. Action of ADPT was somewhat encouraging the last hour or so.

Good Luck.

Doug


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