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


To: SF TRADER who wrote (2979)7/15/1998 11:31:00 AM
From: The Philosopher  Read Replies (1) | Respond to of 5944
 
>>Has anyone revealed to their significant others how much they have lost on ADPT in
the last six months, I need to explain to my wife why we can't afford an air
conditioner this summer, and could use the advise

Heck, that's nothing. When ADPT was in the 30s and going up I told my wife that if it got to 50 and stayed there, she could retire. (Yeah, I did have that much of it, from their buying out a company I was involved in.) I'll take over the job of explaining to your wife why she can't have a new air conditioner if you'll take over the job of explaining to my wife why she's still working.



To: SF TRADER who wrote (2979)7/15/1998 3:05:00 PM
From: Larry J.  Read Replies (1) | Respond to of 5944
 
***OFF TOPIC*** SF Trader,re: "Do you sleep?" Between my two sons and my new puppy usually the only opportunity I have to catch up on SI, post, and research is after everyone else in the house is asleep (or from work as is the case now). Also since I'm in CA, (as are you ?) its really not that late.

I'm fortunate that my wife lets me handle all of the investment decisions and asks little or no questions re: specific holdings and whether we are up or down. I do tend to report the successful trades and shut-up on the dogs.....which I currently hold a few of.

I tend to lean towards tech stocks that have blown-up which often means that you jump in at what you think is a value and wait, and wait, and wait. Currently ADPT and CS are in that mode. I also have a large hold in RDRT which I am positive on and which seems to be breaking out. This strategy has worked pretty well, particularly with ASND.

I have added some ADPT recently @ 13 9/16, but am reluctant to add further until after earnings although its awfully tempting. (That being said, I just saw we're @ 14) GO ADPT!!!!!!!!! / INTC???

Regards,

Larry