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Technology Stocks : Adaptec (ADPT)
ADPT 16.24-1.1%Dec 31 3:59 PM EST
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To: jelrod3 who wrote (3048)7/22/1998 1:41:00 PM
From: Cleaburn Whiteside  Read Replies (1) of 5944
 
Your "sinking ship" scenario is one of many. Another one is that these people were poor managers. I have seen many small companies grow with bad financial managers. Their incompetence is often overlooked as the companies are doing well. However, when things get tough their true worth comes out. Their departure can be seen as a positive. The new CFO has much more experience and should be considered an improvement.
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