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


To: Zeev Hed who wrote (2448)6/1/1998 10:59:00 AM
From: slob  Read Replies (2) | Respond to of 5944
 
Zeev, I've traded this puppy twice since that first entry.

All of them were for a profit, although I was lucky to get out on Friday. Anyway do we have a new round of "pick the low"? My $15.25 was based on fundamentals and I still expect to see the long term trend converge around $16 +- 1.

As for 3 month lows, we need to look at the factors that will prove important. it seems to me that the most important factors are
Meeting this quarters earnings
Recovery of the PC / workstation market
General trend of the SOX
Some new products/press to restore investor confidence

As for doing something to "spite" you. I think I'll pick a low 1/16 either above or below you.

Slob