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


To: David Semoreson who wrote (3548)8/28/1998 7:01:00 AM
From: Berk  Respond to of 5944
 
The interesting thing about ADPT now, is the cash relative to the bear market in small cap tech stocks. An opportunity may come knocking at their door which could significantly change their outlook overnight. No I don't know of anything, no rumors,etc. but the madness of crowds does create opportunity for the agile.



To: David Semoreson who wrote (3548)8/28/1998 8:42:00 AM
From: daaan  Respond to of 5944
 
I think MRVC just reported on CNBC that they will have weaker than expected earnings. Check it out.



To: David Semoreson who wrote (3548)8/28/1998 10:59:00 AM
From: Lutz Moeller  Respond to of 5944
 
Dave,

I read mrvc is down 50% today. Did You buy Your bargain before or after You posted Your recommendation to switch adpt for mrvc?

Good luck Lutz



To: David Semoreson who wrote (3548)8/28/1998 11:33:00 AM
From: Doug Skrypek  Read Replies (1) | Respond to of 5944
 
Great trade, you are only down 55% in less than 24 hours. Do you have any other brilliant trades for ADPT holders?



To: David Semoreson who wrote (3548)8/31/1998 11:39:00 AM
From: David Nelson  Read Replies (2) | Respond to of 5944
 
ADPT is trading at 1.5 times cash on hand. That means that you can buy ADPT for roughly $ 4.00 less cash. Are ADPT's buildings, inventory, patents, name brand and other assets worth $ 4.00?

I think you made the wrong move here, not to mention that your new choice just, MRVC, lost half its market value - ouch!

Good luck,

--Dave