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Technology Stocks : Adaptec (ADPT)

ADPT 15.66

+1.4%

3:07 PM EST

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To: Jay Lowe who wrote (1912)	5/1/1998 2:44:00 PM
From: Dougerdad	of 5944

Ditto, my sources in the channel say that SCSI adapters are moving. One source I talked to mentioned that the new Ultra-2 controllors were moving quickly and was concerned about allocation. This does not solve the PTS problems, but PTS goes with the drive business. There is some upside here (yes, I did buy at 20 1/2) Regards, Dougerdad You wrote >> high inventories in the channel continuing into the second quarter The DD sector guys are making noises like the backlog is clearing out (see WDC & INVX earnings report).

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