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


To: DanZ who wrote (2570)6/9/1998 11:18:00 PM
From: Zhivago  Read Replies (1) | Respond to of 5944
 
Dan:

Sorry Dan, there is a misunderstanding here. I was responding to the following:

To: Zhivago (2564 )
From: Tom Michaud
Tuesday, Jun 9 1998 7:03PM ET
Reply # of 2570

Zhivago, thanks for the WD warning heads up. Does RDRT dive more now? eom

I was answering a question about rdrt, not adpt.No, I don't see ADPT at 6 or 7, otherwise I would be posting this reply atop my roof.

Regards,.



To: DanZ who wrote (2570)6/10/1998 1:41:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 5944
 
<<But I still think your projection of 6 or 7 is way too low>>

I hope so. But a few months ago most of us were thinking that 20 was the bottom we would reach, and the absolutely lowest bear estimate (slob, as I recall) was at, I think, 15-1/4. So I have given up any thought that anybody can predict a low in this dude <g>. At least I have one consolation--no stock has ever traded for less than 0, and I don't believe we'll see less than 1/4 on this stock. Beyond that, I'm just hanging onto the life raft hoping the sharks don't puncture the last remaining pontoon.

Sigh.



To: DanZ who wrote (2570)6/10/1998 1:42:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 5944
 
<<would you please tell me how you can rationalize
ADPT trading at "6 or 7" >>

What is rational about this stock's price within the past year? What makes you think the pricing responds to rational thought?????