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


To: Jim Switz who wrote (2972)7/13/1998 10:51:00 PM
From: BostonView  Respond to of 5944
 
The bad news never seems to come out all at once and I don't see any quick turn for ADPT shares. The CFO departure, whether by his own doing or a gentle nudge, suggests more pain ahead.

As for earnings, the stock is sure trading like big losses lay ahead for a quarter or two, maybe longer. Put me down for .08 before all known (and as yet known) charges.

I've put ADPT in a little basket along with PMTC and SMOD as broken down stocks that seem, at least on the surface, to have been brutally attacked and left for dead. Rather than play guru and commit new funds, I'm sitting on the sidelines watching the tape...in these cases it never lies and reveals far more than a world of dd ever could.

BV



To: Jim Switz who wrote (2972)7/13/1998 11:38:00 PM
From: Larry J.  Read Replies (1) | Respond to of 5944
 
A good follow-up article re: the FTC's blocking the Symbios acquisition: (EE Times 7/13/98)

techweb.com

Larry



To: Jim Switz who wrote (2972)7/23/1998 6:21:00 PM
From: Joseph Francis Torti  Respond to of 5944
 
I have read your post #2972 congratulation for being almost right on you were only off 2 cents. Lets hope that was all included in your figure of 102 million and not the 77 millions they say. If it the later then that means they are selling obsolete products with no profit. Joe