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


To: voodoo who wrote (3899)10/21/1998 12:43:00 PM
From: Starowl  Read Replies (1) | Respond to of 5944
 
voodoo: I'd guess you are right on the money. Historically, that is the pattern this stock has followed this year. Rise before earnings then fall steadily back. Of course, past is not necessarily prologue. You could lose your shirt. If you believe the earnings will disappoint (less than or equal to -.02), short the heck out of it.

The last happy earnings report was a year ago. You have to wonder whether or not this will be the fourth straight disappointment. I'm holding. You short. I can only lose the opportunity.

Good luck

Starowl



To: voodoo who wrote (3899)10/22/1998 11:19:00 AM
From: Spartex  Read Replies (2) | Respond to of 5944
 
VooDoo--

<<Time to short this puppy yet? It should start falling midday tomorrow (22nd) and then back to 8 in a week or so...>>

13 5/8's, up 1 1/8, 2.1 mil shares.

Gotcha!! Shorts getting their pants pulled down big time! LOL.

QuadK