Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 14.11

-0.1%

2:43 PM EST

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To: Bald Man from Mars who wrote (1999)	5/2/1998 2:25:00 PM
From: jgercke	Read Replies (1) of 5944

Hey BMFM, << off topic >> Take a look at Sequent (SQNT) << on topic >> I think ADPT is a great company. However, i suspect it's not going anywhere soon, unless the merged proforma shows some really good stuff for top & bottom line. I hope the company post consolidation of these recent purchases shows some oooomph (read earnings visibility) that isn't there now. I am a bit concerned about the antitrust issues vis-a-vis Symbios, and the possible consequences of the request for additional documents by the Justice Dept. Have no specific info on this, but it seems the additional scrutiny at least raises the issue of objections to the purchase, especially since everyone is talking about what a great deal it is for ADPT. So my take is that a measured accumulation, or grabbing shares on some big dip makes sense. jg

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