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Technology Stocks : Adaptec (ADPT)
ADPT 18.50-3.8%Jan 28 3:59 PM EST

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To: Arthur who wrote (2392)5/31/1998 2:07:00 AM
From: Arthur  Read Replies (1) of 5944
 
Re: San Jose Mercury News

Can anyone expand upon the attached excerpt from the San Jose Mercury News article from earlier this week?

Adaptec stock cheap and may stay that way

.....But Adaptec's problems go deeper than glutted inventory at PC makers. Its core product has become dangerously outmoded as Intel Corp. (Nasdaq, INTC) has incorporated storage function on its standard chip sets at far lower prices, or, as Saviers puts it, ''Intel essentially makes that technology free.'' .....

Which core product? and what were the sales? etc.
Also how does the Merced delay affect ADPT?
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