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: DanZ who wrote (2449)	5/30/1998 4:04:00 PM
From: Starowl	Respond to of 5944

Dan: I think the market is concerned about the Symbios merger as a short term negative. Lacking complete knowledge of Symbios' financials, and given the certain problems during the integration phase, the market sees uncertainty, and uncertainty gives discomfort. The market probably expects the deal to go through, and that is one of the problems with the stock. But once the deal is finished, the market will have a much better sense of how things are going to work out. Presumably, Adaptec will have much to say about that after it closes the deal. Then some of the uncertainty will disappear. As the uncertainty fades into the horizon, I think this undervalued stock will begin to recover nicely. Starowl