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Technology Stocks : Advanced Digital Information Corp. (ADIC)

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To: Scott H. Davis who wrote (1803)10/28/1999 12:57:00 PM
From: Jim Oravetz  Read Replies (1) of 2283
 
I did find this statement in the text of the STK Q results.
From the WSJI article:
..Meanwhile, StorageTek said its board approved the first phase of a restructuring plan that will refocus its business around tape automation, virtual storage and storage area networks. The company said the plan should result in annual savings of up to $150 million and will be completed by the second quarter of next year...

ADIC not too long ago had a PR stating that AMASS S/W would work with STK tape libraries.

Who know?
Jim
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