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


To: Zeev Hed who wrote (2674)6/14/1998 6:42:00 PM
From: Starowl  Read Replies (1) | Respond to of 5944
 
Zeev: All that pent up emotion will finally be released! Or will it? Maybe the price will go to $5! Are you SURE you'll be comfortable with 12.5 or 10.5? Whenever you buy, that will be a sure sign we've reached the bottom, so I anticipate with much emotional tension, waiting for my own catharsis. Good luck!

Starowl

But . . . . . what if it has already reached its bottom? Nah.



To: Zeev Hed who wrote (2674)9/30/1998 11:45:00 AM
From: slob  Read Replies (2) | Respond to of 5944
 
Zeev, I'm looking at ADPT as a long term play. What do you think?

My greatest concern is that tax loss selling just kills this stock. It's hard to say which way ADPT will go from here. At about $10 I like all the ratios but the thing that still scares me is the decreasing Revenue coupled with Gross margin pressure. I'd really like to see a final capitulation with a drop to under $7 but I think that's just wishful thinking on my part.

If we do get some tax loss selling this will be a great stock to own coming into the new year.

Slob