Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 19.04

+2.6%

1:57 PM EST

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To: Cris who wrote (2332)	5/20/1998 7:52:00 AM
From: Starowl	Read Replies (1) of 5944

Cris: Thanks for your observations. Adler's retirement last fall was perhaps not as bad for the company as you suggest. Saviers has been CEO for a couple of years. The cash reserve only recently was depleted. Market forces--such as inventory buildups in the chain and precipitous price drops in PCs--cannot always be anticipated long enough in advance to allow ameliorating adjustments. Conservative companies aren't likely to survive long in the technology sector. Adaptec's market isn't the desktop and I don't think UDMA replaces SCSI in the server market. What do you suppose Adler would have done in the current business climate? (Maybe his retirement is the answer to that?) But I love the quotation about cash. You're from the Valley. Can you provide any sense of how Adaptec employees feel about the business? Thanks, Starowl

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