Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 20.34

-0.6%

Nov 25 3:59 PM EST

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To: jgercke who wrote (1859)	4/30/1998 4:39:00 PM
From: Winston Kim	Read Replies (1) of 5944

Adaptec Inc (ADPT) 23 5/8 +1/16: provider of bandwidth management technologies reports Q4 net of $0.20 a share, 9 cents below the First Call mean. Revenues fell 23% to $204 million. Says significant changes in the pricing dynamics of the PC and workstation markets and turmoil in the disk drive market caused Q3 and Q4 revenues to fall below expectations. Company says reducing expenses...

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