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

To: Starowl who wrote (2445)	5/30/1998 11:59:00 AM
From: Mark	Read Replies (2) \| Respond to of 5944

* The ADPT Bull/Bear Poll - THE FINAL UPDATE * Well folks, we've set a new low which has displaced even "Super Bear" Slob ! (But only just). Since everyone has now been eliminated from the competition, I guess that it's now over, and I'll just have to keep the prize - (which was a 2 week holiday in the Virgin Islands. It would be a shame to see it wasted......) A big thankyou to everyone who took part. The super bears got closest, but no-one got it right. I think everyone who stuck their neck out on this one was pretty brave - i.e. it is very easy at a site like SI to get shot down for having views which differ from what the "masses" want to hear - especially when those views are committed to the record. If folks do not recall, at the time that this started (less than 3 months ago) there was quite a lot of outrage about suggesting ADPT would go much lower. However, there were a number of intelligent posts from folks who's objectivity was not clouded by being owners at the earlier high prices. Perhaps we should have realised the significance of these voices and shorted the stock ? In retrospect, it would seem that > 35% could have been made in under 2 months. Hopefully we have all learned something from this - Many of the entrants offered some decent arguments to support their estimates, and there are some well reasoned posts, which in retrospect, seem quite shrewd. Many of these are worth reviewing. If anyone wants to start up a new competition please do so ! As for me, well, I'm not yet a long, but could be tempted at $11. Anyone care to suggest that I won't get some at this price ? :) Mark Final state of poll =================== Over the next few months (by June 19th), ADPT will go as low as - Jimmy - $22 :) Message 3776586 Hans - $20.75 Message 3792483 Starowl - $20.50 Message 3783111 Sert - $20.25 Message 3786925 Bill U - $20.00 Message 3770784 Marcus - $20.00 Message 3773146 Arthur - $20.00 Message 3782512 Larry J - $19.50 Message 3763739 MetalTrader - $19.00 Message 3791501 Chris H - $18.50 Message 3779759 Tom - $18.00 Message 3837206 Mark H - $18.00 Message 3743162 Ludo - $17.25 Message 3777903 Zeev - $17.00 Message 3773690 Slob - $15.25 Message 3835802 I'm afraid entries above here are out ! Current low is $15 3/16 on 12 May See the following for details of how this arose - Message 3763693