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

To: slob who wrote (3786)9/30/1998 2:08:00 PM
From: Jim Switz  Read Replies (2) | Respond to of 5944
 
A drop to under $7, with about $6 in cash (book value is about $7.50 right now), means that the market at that point would be considering the company to be essentially worthless.

Maybe the market would be right, considering this year's performance. Sigh.



To: slob who wrote (3786)9/30/1998 7:11:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 5944
 
Slob, as I have said on other threads, I would stay away from this group and ADPT for the next few weeks, maybe wait for buying when we get the "tax selling" season. There is no way to determine when the bottom will be reached, IMHOI.

Zeev


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