Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 17.30

-6.5%

Feb 4 3:59 PM EST

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To: Jim Switz who wrote (2656)	6/13/1998 1:49:00 PM
From: Jim Switz	Read Replies (1) of 5944

A very small positive: one insider buying. According to Yahoo's insider-trading page biz.yahoo.com on May 5, 8 and 28 an ADPT V.P. (Richard Clayton) bought a total of 3,500 shares outright, on the open market, paying between $19.125 and $15.9375 (the latter being a 2,500 share block). Does this mean anything? Does it portend anything? Who knows? Perhaps there's a management squeeze on to hold some shares outright for morale purposes. Or maybe Mr. Clayton is simply brushing up on his knife-catching skills. ;-) I haven't found any other listings for buys on the open market; just lots of option exercises/sales. :-(

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