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To: billwot who wrote (13969)	12/4/1997 12:55:00 PM
From: Stonehenge	Respond to of 27012

Hi Billwot, way to go with the cpq. I hope you got in on the pullback this morning. Adpt has been a money making machine for years and the drop is in relationship to a chip it sells to WDC. It is probably pure speculation as to how this will effect eps but it is getting killed. I don't know whether to wait until it turns back up again but if I recall it is expected to make about $2.70 next year which gives it a low pe relative to growth rate. Good luck.

To: billwot who wrote (13969)	12/4/1997 1:00:00 PM
From: Stonehenge	Respond to of 27012

Billwot, check this out. Thursday, Dec 4 1997 12:36PM EST Reply # of 698 Bear Stearns Thursday December 4, 12:09 pm Eastern Time RESEARCH ALERT-Adaptec estimates said cut NEW YORK, Dec 4 (Reuters) - Bear Stearns cut its 1998 and 1999 profit estimates for Adaptec Inc on Thursday, according to a source at the brokerage. -- Buy ratings on the stock were reiterated, the source said. -- 1998 estimates were cut to $2.13 a share from $2.20, and 1999 estimates were cut to $2.60 from $2.70, the source said. biz.yahoo.com The biggest slide was at Adaptec Inc (Nasdaq:ADPT - news), off 2-11/16 at 38-1/2 after broker Bear Stearns lowered the company's earnings estimates for 1998 and 1999. biz.yahoo.com