Adaptec (ADPT) Message Board

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Technology Stocks : Adaptec (ADPT)

ADPT 15.77

-4.3%

Feb 6 9:30 AM EST

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To: anatoly goldin who wrote (3814)	10/3/1998 1:56:00 PM
From: Jim Switz	Read Replies (1) of 5944

"ADPT cost $1B today for $160M/Q sale and no profit." Your numbers are pretty much correct, of course, but that is one snapshot in time and markets are made by people's estimates of the future course of the company. At the moment, there certainly doesn't seem to be a very positive impression of the future. It's up to the revised management to convey, and demonstrate via results, that the negative impression is wrong. The conference call on Sept. 17 was an attempt to convey that we're at the bottom now. From the stock price since, they don't seem to have convinced everyone, to say the least. I've found Adam's and Quad-K's comments to be very interesting and a welcome addition to this board, offering good perspectives from several points of view.

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