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Technology Stocks : Adaptec (ADPT)

ADPT 17.30

-6.5%

3:59 PM EST

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To: Starowl who wrote (2655)	6/13/1998 11:12:00 AM
From: Jim Switz	Read Replies (2) of 5944

I think the Bear Stearns conference (on Monday, isn't it?) will provide a crucial opportunity for management to prove their worth and justify the multi-million-dollar compensation packages. I haven't seen any evidence the they have generated confidence in the company's prospects, but perhaps this conference offers an opportunity to do so. It would be awfully nice to hear an announcement of a Symbios resolution; this is a big uncertainty hanging over us. I'd also like to hear an explanation of where the R&D money has been spent and how/when it's likely to generate revenues and earnings. Does anyone have access to conference presentations?

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