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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (6967)1/8/1998 4:24:00 PM
From: jkb  Respond to of 9124
 
Adaptec reports troubles.

-Jay
______

Adaptec Inc. (ADPT) 35 7/8 +19/32: supplier of bandwidth management solutions is warning that it expects 3Q results
to come in below Wall Street estimates; it expects to report an operating net of $0.35 to $0.40 a share, below the First
Call estimate of $0.56 and year-ago net of $0.46 a share; including charge, 3Q net between $0.21 and $0.23 a share on
revenues of $250 to $255 mln.....