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


To: Jim Switz who wrote (3279)7/31/1998 12:07:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 5944
 
FWIW---I sold into this rally and took a marginal loss (cost 12). TA says lower since indicators went to lower low on the most recent drop. My sense is that this is a trap and the stock will roll over under 12 and test 10. Ultimately, I then expect another rally back towards 12 again and then one last move down to 9-10 area. Still bullish on ADPT to eventually rally past 20 but I think this is a false start. My 2c



To: Jim Switz who wrote (3279)7/31/1998 7:50:00 PM
From: Joseph Francis Torti  Read Replies (5) | Respond to of 5944
 
No I meant everything I said I knew this Dog would go up after I sell And I did not buy Dell I bought hd. And I am losing on both positions now. AS soon as hd hit 43 1/2 I will be out of the market for good. IT's been to much of a coincidence to be bad luck or buy market timing. I sued my Olde Broker a few years back and Won. I think they have a conspiracy going to get me out of the market I had a sell limit on hd at 43 1/2 just after it opens and it did not go through check the day cart of hd today. Now that I'm out of Adpt it should go back to 13 5/8 the price I bought it just so wall street can bust my balls one more time. Good luck to all you Adpt holders.

A fundamentalist looks at the overall income and balance sheet. I can't say if this company is going bankrupt or not and neither can you. Just be glad that I am out now so you can add to your position because I am the next best thing to the sure thing.