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

To: Bald Eagle who wrote (2929)	7/9/1998 4:26:00 PM
From: Investor2	Read Replies (1) \| Respond to of 5944

Big pick up of volume in the last five minutes of trading (capped by a 131,000 share trade at 16:01), accompanied by a drop to the lows of the day. Hmmm. Best wishes, I2

To: Bald Eagle who wrote (2929)	7/10/1998 12:33:00 AM
From: RandyRags	Read Replies (1) \| Respond to of 5944

ADPT has been in S&P's Platinum portfolio for some time. That's where I first heard of it. Four months ago, S&P gave ADPT a fair value of $47 which has been revised downward to $34. As a bit of positive press for ADPT, it's fine. Hopefully it will generate additional grass roots support. As an analysis, the rating reflects a real lack of work and understanding of ADPT. It's worthless. I've been reading this board's posts for the past two months and appreciate the market and technical insights that many of you have supplied. I was long until early last Thursday and now believe the stock will retest the $12.50 low. So I'll wait until earnings are out and the dust settles to get back in.