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Technology Stocks : Adaptec (ADPT)
ADPT 13.72-2.6%Nov 17 3:59 PM EST

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To: Schmedley who wrote (1005)2/9/1998 12:02:00 AM
From: eugene salazar  Read Replies (1) of 5944
 
schmedley,

you commented that:

<Adaptec will have repurchased most if not all of the 10 million shares it intends to buy in order to fulfill "employee" stock incentive plans>

so your saying that those shares arent being retired(subtracted from outstanding)?? because isnt that the whole reason to even do a buyback: + or ~ earnings/- shares out= + eps.

eugene
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