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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (11450)	1/9/1998 9:24:00 AM
From: Glenn D. Rudolph	Respond to of 22053

BEFORE THE BELL - Adaptec plummets Reuters Story - January 09, 1998 08:14 %ELI %ENT %US %HOT %STX %XHR/US ADPT INTC V%REUTER P%RTR NEW YORK, Jan 9 (Reuters) - Shares in Adaptec Inc dropped sharply in pre-opening trade Friday after the company said it foresaw third-quarter income well below analysts' estimates. "The disaster du jour seems to be Adaptec, because of the warning," a dealer said. Trade overall was quiet. Adaptec was trading at 24-3/4 from a Thursday closing price of 35-15/16. The share had fallen to 27-1/4 in after-hours trade Thursday. The company, which makes computer subsystems, software and chips, said after markets closed that it expected to report third-quarter operating income of $0.35 to $0.40 a share, or $0.21 to $0.23 after charges. The forecasts are well below a consensus estimate for operating income of $0.56 a share, according to First Call. Among other active shares, semiconductor maker Intel Corp eased to 74 from a close of 74-5/16. ((--Ian Simpson, Wall Street desk, (212) 859-1879))