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

To: DanZ who wrote (2584)	6/10/1998 11:42:00 PM
From: OrionX	Read Replies (2) \| Respond to of 5944

Dan, Probably off topic but, I would like to add that most people who talk about adpt's stock deterioration being representative of the company's viability, probably don't know squat about the products adaptec makes and their related market. I agree the stock is under pressure from misinformed investors and stock manipulation by those with big enough pockets to move the stock where they want it and of course general market behaviour which in the last few weeks has been a pisser. When people start saying SCSI is dead and all that crap I really wonder about the sanity of some people or what kind of sloppy DD they've done. Do these people really understand that a computer system is only as good as it's weakest element ie. I/O. The day any serious web site or corporate server gets saddled with only EIDE or even UDMA drives will be the day technology starts to reverse back to the stone age. On some thread I heard some shlop about EIDE/UDMA based raid devices. YEAH RIGHT! GIMME A BREAK!

To: DanZ who wrote (2584)	6/11/1998 6:21:00 PM
From: Analog Kid	Respond to of 5944

Great post Dan - the sentiment is similar to ASND in late 97 - early 98. I was convinced that ASND was not in serious trouble, but I still can't believe how quickly that stock turned around. Thankfully my gains in ASND are offsetting some of the pain in ADPT. I think ADPT is less scary than ASND was, they don't have a CSCO, BAY & COMS breathing down their neck. I'm not expecting ADPT to come back as fast but you never know once the fear finally subsides. In both cases the stock plunged to ridiculous levels, and in both cases I averaged down several times. Let's hope this one works out as well.