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Technology Stocks : Adaptec (ADPT)
ADPT 15.77-4.3%Feb 6 9:30 AM EST
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To: Tom M who wrote (2772)6/25/1998 10:45:00 AM
From: The Philosopher  Read Replies (1) of 5944
 
I'm not sure I'd call it the best news in 6 months, but it certainly resolves a lot of uncertainties. My first thought, too, was stock buy-back time. Anybody have time to call Rachel at IR and see what the plans are now? I'm leaving shortly on 4-day trip and since you always have to wait for a callback I can't do it.

Street seems to like the news -- up nicely so far today. Went over 17 overnight, now seems fairly steady at about 16-1/2. And at least we don't have to worry about what to do with the fabs!
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