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Technology Stocks : Seagate Technology

STX 258.67

-3.1%

Dec 3 4:00 PM EST

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To: Starowl who wrote (4469)	1/8/1998 4:22:00 PM
From: Jacky AY	Read Replies (1) of 7841

I don't think Adaptec's earnings will disappoint. You guess wrong. It's now apparent that DD industry is pulling down everything associated with it... From Briefing.com, Adaptec Inc. (ADPT) 35 7/8 +19/32: supplier of bandwidth management solutions is warning that it expects 3Q results to come in below Wall Street estimates; it expects to report an operating net of $0.35 to $0.40 a share, below the First Call estimate of $0.56 and year-ago net of $0.46 a share; including charge, 3Q net between $0.21 and $0.23 a share on revenues of $250 to $255 mln.....

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