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

To: Starowl who wrote (3958)10/23/1998 8:39:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 5944
 
I see them (30s - 50s) coming back.. Someday, maybe. Even at only 3% inflation, someday $16 becomes $50 with no effort of management at all! But if you mean in the next 2 years, sorry, but I don't see it. If I have time this weekend (we took down and cut up 6 trees last weekend and I have a LOT of splitting to do for our wood stove before this predicted hard winter hits!) I'll look at some numbers, but...



To: Starowl who wrote (3958)10/24/1998 8:05:00 PM
From: voodoo  Read Replies (2) | Respond to of 5944
 
30 to 50, what Pesos? Just kidding, just kidding.

A company has to be profitable AND SHOULD HAVE GROWTH to
get a high P/E and thus a high stock price. I will be scared
and will panic and cover my short the day you guys can tell me
that ADPT will have positive growth.

Till then you can bask in the warmth of this momentary sunshine.
Enjoy it while you can.

And seriously, I do wish you make tons of $$$ on your investment.


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