SI
SI
discoversearch

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 17.51-1.5%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Milk who wrote (1071)2/20/1998 5:18:00 PM
From: go_bucks  Read Replies (1) of 5944
 
I'm not a financial guy but I don't see how these two statements
contradict each other. Adaptec is using its cash reserve to buy
Symbios.. (SKorea needs cash badly that's why ADPT is getting
a sweet deal) That's why its balance sheet is going to be
dramatically altered.

Since it's using cash to acquire, earnings will not be diluted.
and since they don't have much overlap, it's very likely (as
the management stated) that the acquisition will be
accretive to earnings the first year.

No contradictions at all... maybe some financial whiz can give
some more insight from a pro's point of view.

Thanks

Charlie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News