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

To: Larry J. who wrote (3543)	8/27/1998 3:55:00 PM
From: David Nelson	Read Replies (3) \| Respond to of 5944

Analysts are more often wrong than right. Most are the butt of jokes on CNBC. I seldom follow analysts. Analysts have been recommending both PAIR and ADPT all the way down. A good example of analyst's serious blunders is all the sell recommendations on AOL when it was in the mid twenties in the fall of 96. These same analysts waited for AOL to go up to astronomical heights before they started recommending it again. However, if you go through my old posts on SI and the Motley Fool, I was pounding the table for AOL at 24 when everyone else thought it was dead. If you had listened to the analysts, you would have missed the first 30 points of its huge run from 22. My point is that the ADSL market PAIR is going after is glutted and they have nothing else on the horizon. ADPT's SCSI is still the choice for all servers. Even IBM's proprietary AS400 uses SCSI. EMC's stock price, (the king of mainframe SCSI RAID providers) is flying. There is still room for ADPT to enhancement SCSI and grow their market. ADPT has new products on the horizon with great growth potential such as fibre optics and Firewire. The future growth potential for ADPT is better than that of PAIR. Hanging in there for a buyout, is a typical last gasp endeavor for big losers (holders), and the odds are not on your side. Check the PAIR thread, and you will find PAIR old timers stating that ADPT is the better buy. Well, I've placed my bet. We'll see... --Dave