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

To: Larry J. who wrote (3250)7/30/1998 2:57:00 PM
From: Joseph Francis Torti  Read Replies (1) | Respond to of 5944
 
yeah that was another one I thought was cheap last year when the pe on rdrt was 8. Didn't that go down to 5 dollars. Adpt is now with the charge trading at a p.e. of 30 and will be higher next quarter. the bottom on this stock if it's not going bankrupt is $8.00 Sure looks like they are buying back there shares now $10 1/2. They ain't going to throw good money after bad in this dog. Even insiders are not buying.


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