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Technology Stocks : Adaptec (ADPT)
ADPT 15.76-1.3%Jan 9 9:30 AM EST

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To: The Philosopher who wrote (3475)8/20/1998 7:24:00 PM
From: jimmy  Read Replies (1) of 5944
 
The annual meeting wasn't great. Most of Jim Switz questions weren't answered. No future projections, no comments of Intel rumor. They stressed focusing on their core business which is NT server, in which they dominate. People didn't look upbeat, most because everyone lost their money. Adaptec has to get their act together and with the recent
firing of Grant, et al, Adpatec might recover but not anytime soon.

jimmy
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