Adaptec (ADPT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Adaptec (ADPT)

ADPT 14.73

-15.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: norm chin who wrote (887)	1/19/1998 8:38:00 AM
From: Starowl	Read Replies (1) of 5944

norm: Thanks. You may be right. I do not doubt the figures but they leave out Japan and South Korea and cover the entire year. Would be more interesting to see where last quarter's data fit into the scheme. Looks like the 30-40 percent growth covers only approximately 20 percent ($200M)of the company's annual revenues worldwide. Unless I am reading things incorrectly, the statements by Adaptec's regional sales manager (salesmen do like to talk things up) for Asia Pacific may be his attempt to brighten the picture. Seems unlikely to have much effect on stock price, unless investors don't get past the title of the article: "Adaptec sees growth in Asia outside Japan." Now we wait for the full story: tomorrow after market close. Welcome to the club. Starowl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next