Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Nelson who wrote (3560)	8/31/1998 3:32:00 PM
From: OrionX	Respond to of 5944

HEY, close to 2 million shares traded and stock just went to 12+. Seems like the buyout or something's up.

To: David Nelson who wrote (3560)	8/31/1998 3:34:00 PM
From: Lutz Moeller	Read Replies (1) \| Respond to of 5944

David, with about 6 $ a share adpt sure is cheap. Whereas every other stock crashed today 13 or so %, our adpt holds well a 11 «. But think about the future. What is the future of SCSI, our main product family. After the asian slump. Which growth rates are to be expected. Now that the old manager Saviers went, how long will a turnaround take. I bought Quantum at 19 $ for a turnaroundplay, not long ago, and all others think qntm is just 13 $ worth. From fall 97 I'm down 50%. that's tough! Regards Lutz