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


To: David Nelson who wrote (3541)8/27/1998 2:23:00 PM
From: daaan  Respond to of 5944
 
I kept both Pair and Adpt (in both at about $20) and changed the label of my portfolio from short term to 3 year money!

Time is the only weapon and it may not be enough!

If i get any confidence I may average down.




To: David Nelson who wrote (3541)8/27/1998 2:32:00 PM
From: Larry J.  Read Replies (1) | Respond to of 5944
 
David, obviously your view is not shared by the analysts, as a strong buy rating has been restated for PAIR on 8/25 and 8/26 by two analysts. I wish the same could be said for ADPT.

I still believe that ADPT will recover to somewhat higher prices given time. In no way am I concerned that they are going anywhere. (Otherwise I would have sold 100%). I just think that PAIR will recover faster, and is a more likely acquisition target to boot.

Here's to hoping we're both right!

Regards,

Larry