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 14.13

-2.6%

Nov 13 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Starowl who wrote (1381)	3/25/1998 9:31:00 PM
From: ChiTao	Read Replies (3) of 5944

Starowl, There are at least couple short to mid. term issues with Adaptec I can see here, IMHO: 1. According to the company profile, the combined company of Symbios and Adaptec will have around 6,000 people. Because both are heavily in SCSI. I suspect a big layoff is unavoidable. Probably 500-1,000. This could incur a huge charge in June quarter. 2. SCSI is losing ground to Ultra DMA EIDE in desktop market. Look at the big picture, the pie is not growing. unfortunately, SCSI seems to be the only sizable biz for ADPT. 3. Don't understand why Adpt bought Read Channel from ADI. Don't they have enough of fire to fight after Symbios? Seems like ADPT want to refocus on disk drive ASIC biz which, again, is not a very profitable area. Where is the company heading to? I'm still long with ADPT but considering sell them all.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next