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

To: voodoo who wrote (3971)	10/24/1998 11:35:00 PM
From: Starowl	Read Replies (2) \| Respond to of 5944

voodoo: Your short may be fine for next week or next month. Growth, particularly sustained growth, needs to replace this sustained shrinkage for your near-term short to weigh you down. There is room for both you and me to make money on this stock. Until next quarter's earnings come around, Adaptec is a crap shoot. It's recent rise is based on little more than faith, hope, and other intangibles looking forward. I'm betting the long term, and obviously I think I'll win. You are betting the short term, and may win too. As for profits and stock price and P/E, there are loads of stocks out there that defy your logic and which have defeated the best of shorts. Good luck. Starowl