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Steel Excel Inc. Message Board

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  • richardleeds richardleeds Dec 17, 1999 2:18 PM Flag

    Anybody know what the conversion...

    The tech stocks have been rising all month and
    the NASDAQ index has climbed all month but ADPT has
    been stuck at 50 all month long.

    Any of you on
    this board have any ideas why this stock is behaving
    counter to the other tech stocks this
    month?

    Microsoft goes up in one day more than ADPT is worth as an
    entire company. Frankly I do not comprehend how ADPT
    with $2 in earnings is considered chump change.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 250-300% this year. ADPT has been a better
      investment than most all other tech stocks this year. It
      will be interesting to see how much it goes up next
      year.

      I really do think some big things are in store.
      CD-RW and RAID are growing at spectacular rates. ADPT
      will get noticed by the whole market eventually if
      they can demonstrate these rates of growth into the
      future.

      Peace,
      Fishing

      • 2 Replies to Fishing_for_Good_Ones
      • "The tech stocks" aren't doing nearly as well as
        the nasdaq. It is being driven primarily by a FEW
        tech companies, and some internet companies that are
        now a big part of the nasdaq average. Most older tech
        stocks are acting similarly to adpt. Many just going up
        then down or down then up since last month. Also,
        fishing has a very good point; adaptec is up alot since
        last year, 6 months ago, and 3 months. The last few
        days don't mean much.

      • unless something new comes out that trashes
        everything out there, I really believe that adpt will have
        the last laugh on all those fc guys out there. why?,
        you ask...

        frankly, scsi is still the best
        out there to move info in the box between the hard
        drive, and the cpu. every tom, dick, and harry out there
        who works with computers knows that. fc is great for
        oracle database type of transactions, but that's
        it.

        centralizing applications on a network server.. they already
        tried that in the past to improve network performance,
        and it doesn't work for most software. in most
        companies that I've worked for, except for database stuff,
        everything else is loaded on the pc.

        can't wait
        until adpt comes out with their 320.

 
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