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Technology Stocks : MTIC - Is this the next EMC?

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To: gmccon who wrote (3174)1/28/1999 11:00:00 PM
From: Stitch  Read Replies (1) of 3748
 
gmccon;

<<There you have it gentlemen. The CFO for Adaptec is being interviewed on CNBC's Squawk Box and says FC is a non-event.>>

If, in fact, the CFO said FC is a non event, then I find that remark by him to be disingenuous to an extreme. Of course I guess you can't say "it was more then we could handle so we had to off load it even though the market is growing" on CNBC. That could be a fast track to a pink slip. But in seriousness, I hate when these guys get up in public and say something so extremely lacking credibility. In my opinion the guy should be sent back to bookeeping duties. He clearly is not ready for prime time and did his employer a disservice.

By the way, you may want to go to this link and see what Adaptec was saying about FC before they decided they had bit off more then they could chew:

fibrechannel.com

Best,
Stitch
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