| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Anyone following Adaptec (NASDAQ: ADPT)? They make SCSI controllers
for PC's.
Their stock is trading around $21/share. Any info. on long or
short term prospects is appreciated.
Srinivas.
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 682.1 | I missed buying this at 9 :-(. | BROKE::SHAH | Amitabh "Amend Constitution: ban DECAF" | Wed Feb 16 1994 18:35 | 11 |
If the traffic in the Adaptec note in the IBMPC notesfile is any indication, they are definitely a buy. They are the de facto standard in the SCSI controllers for the PC's. With the demand for disk drives larger than 1Gig growing and the IDE disk drives (the most commonly used disks in the PC's) not available in sizes 1Gig and larger, ADPT's business is surely to grow in the short term (1-2 years). Last year, they also acquired one of their competitors: Trantor. Note that they already doubled in the last few months and recently split 2 for 1. | |||||
| 682.2 | He must have been smart! | USCTR1::BJORGENSEN | Thu Feb 17 1994 08:08 | 4 | |
Can't recall who off hand, but there is a senior x-decie either
running Adaptec, or in another senior position, FWIW.
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