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Technology Stocks : Adaptec (ADPT)
ADPT 17.68-0.6%1:57 PM EST

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To: Brian Diggle who wrote (3528)8/26/1998 11:55:00 PM
From: Patrick O'Connor  Read Replies (1) of 5944
 
Maybe that guys post is a scam but some of what he type rang true. The no CEO and no real(publicized) effort to find on. I personally think Boucshey and Adler were someplace else because they wanted to be. This little foray could be a major hassle for them.
Something esle to consider...a lot of the executive options are priced at a $1.** whereas the employee options are priced much higher based on several factors which someone else(or maybe every one else) knows more about than I do. A buyout of $20 a share would probably screw a lot of employees but still be really good for the execs.
Anyway I just plain get the feeling that they would love to sell this company. But that is just opinion, not fact.

Patrick
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