Mylex Message Board - Msg: 5090569

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To: E_K_S who wrote (1633)	7/2/1998 11:00:00 PM
From: Baker	Read Replies (1) of 1820

Eric, since we were contemplating the potential of a freindly takeover by Adaptec, I thought you might be interested in the following which was released after the market closed today. Thursday Evening Update: Adaptec to Take Acquisition Charge By Heather Moore Staff Reporter Adaptec (ADPT:Nasdaq) said it expects to record first-quarter acquisition charges of 55 cents to 60 cents per share. The eight-analyst First Call estimate calls for operating earnings of 16 cents compared with the year-ago 51 cents. The stock reportedly was down to 13 13/16 from a close of 14 in after-hours trading (which generally is rather thin, and is likely more so ahead of the holiday weekend).

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