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Technology Stocks : Adaptec (ADPT)
ADPT 13.72-2.6%Nov 17 3:59 PM EST
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To: ChiTao who wrote (999)2/6/1998 6:59:00 AM
From: Starowl  Read Replies (1) of 5944
 
ChiTao: Thank you. Of course I am not surprised the management was bullish during the opening session briefings and, in fact, I have no reason to doubt them. But like all of us investors, I am more convinced by performance. I look for evidence of movement in news releases of other successful companies. For example, yesterday a New York data storage system company--Box Hill Systems Corp--announced good earnings. The report noted: "Our fourth quarter included many noteworthy accomplishments, including the introduction with Adaptec of a comprehensive Fibre Channel RAID storage system, . . ." Small things perhaps, but they give me a sense of forward movement.

Again, thanks

Starowl
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