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


To: Pravin Kamdar who wrote (3100)7/23/1998 6:10:00 PM
From: norm chin  Read Replies (1) | Respond to of 5944
 
"They said that next quarter would be negatively impacted by inventory reduction. This baby is going to be taken out and shot tomorrow. My guess is that it ends the day tomorrow at $9 with no market meltdown, and at $7 with a meltdown."

No offense intended but it's annoying to read remarks like the above. It seems you concluded that the only factor that counts is inventory. Have you taken other factors into consideration? For example, did you get a chance to listen to the CC to determine others factors (both positive and negative) which are likely to play major roles in the coming months. Keep in mind that, in general, it's the general picture that usually decides the outcome. For most of us, it difficult enough to call with certainty wether a stock will go up or down but it appears that you're especially gifted in able to predict the exact price.