Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?

To: Carl W. Dunlap who wrote (1165)	3/12/1998 7:20:00 PM
From: Starowl	Respond to of 5944

Carl: Thanks for the article. Where did you find it--San Jose Mercury? It further reinforces my view of the wisdom of the purchase of Symbios. I think the merging of the two companies is an excellent idea. Better than trying to run Symbios as a subsidiary. Good for the employees, too. Makes them part of the Adaptec team. Starowl

To: Carl W. Dunlap who wrote (1165)	3/12/1998 8:29:00 PM
From: Doug	Respond to of 5944

Carl: Thx for that brief. Whilst I do share in the enthusiasm, I still have not found an adequate explanation for the 2-1/2 pt drop on 25 Feb, the day the acquisition was announced. The street was not enthusiastic about the acquisition , nor were S&P. I keep wondering why. Theoretically, the acquisition of SYMBIOS should result in an increase of $600m in Sales which is a big +ve. Does anyone know the date on which the deal will be effective from.? Regards.