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Technology Stocks : Adaptec (ADPT)
ADPT 16.24-1.1%3:59 PM EST

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To: Gary Burton who wrote (3142)7/24/1998 5:17:00 PM
From: SF TRADER  Read Replies (3) of 5944
 
Thanks Gary,

I will now step in from the ledge, have a cocktail, and reminisce on better days. All things considered, I think the market took this relatively in stride. I was concerned about the close, and we seemed to escape an implosion. I took my first look at the annual report, and I was very impressed with the new technology, particularly RAID, Fibre Channel and Ultra3 SCSI. I suppose it comes down to a "show me the money" mentality, given three lousy quarters, however I would imagine at this point any positive news would have a disproportionately positive affect on share value. A new contract would not hurt. I expect something positive to be released prior to the shareholders' meeting, I would not want to stand in front of that audience under the current situation. Do they metal detectors at the door?
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