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Technology Stocks : Adaptec (ADPT)
ADPT 20.27-1.0%3:33 PM EST

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To: Torben Noerup Nielsen who wrote (2082)5/8/1998 3:08:00 PM
From: Doug  Read Replies (1) of 5944
 
Torben: During the last Q, ADPT's revenue declined by 23% and its Income fell even more.

The Company claimed that decline was due to General PC pricing pressures.These pressures have not declined. It would seem that ADPT
was quite unable to increase its sales in the Server mkt to make up for that shortfall.

In the light of the above, how do you see Sales and Income increasing from the existing levels.? If one extrapolates data from the last 2 Q's , it is likely that Income may further decline although revenue will increase due to the acquisition.

Thx
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