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


To: Doug Skrypek who wrote (4033)11/10/1998 11:23:00 AM
From: Jim Switz  Read Replies (1) | Respond to of 5944
 
We're up over 100% from the bottom on Oct. 5 (granted, that was a grossly oversold condition), so I suspect that most investors and analysts want to see the new product announcements, the reviews of same, and more information about revenue/profit potential before assigning a much higher value to the company.

The debate about Fibre Channel vs. UltraSCSI 3 probably serves to cloud things as well, but I think earnings visibility will have to improve before we move up again. Things are better, but not great.

Of course, a wildcard like an analyst upgrade or two will be good for a price pop as well.

So, where ARE those new products we've heard so much about? At the mid-Sept. CC, it was "very soon".