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 14.97+8.8%2:37 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Starowl who wrote (1585)4/5/1998 10:51:00 PM
From: GS_Wall Street  Read Replies (1) of 5944
 
Symbios has a presence in wireless communications and Set-top boxes and other high growth areas that ADPT has no presence. when it comes to SCSI there might be some overlap and some products will be pruned, but those decissions are based on dollars. Now will there be some synergies in the SCSI group yes, are there room for layoffs yes. Who will go and who will stay Symbios employees will most likely be the first to go.

If business conditions are great you just place these workers on new projects. If cash flow is hurting, then out the door they go. Will Accounting and payroll, sales, marketing all have romm to be prunned over time. This will benifet the share holders in the short run.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext