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

To: Tom M who wrote (1401)	3/26/1998 3:54:00 PM
From: T-Lo Greens	Respond to of 5944

I've seen larges blocks of 10-30K buying in the 20 1/8 - 20 1/4 area and ADPT has quickly bounced off the 20 1/16 mark. I'm in at 20 1/4...

To: Tom M who wrote (1401)	3/26/1998 5:15:00 PM
From: w2j2	Read Replies (1) \| Respond to of 5944

MILPITAS, Calif.--(BUSINESS WIRE)--March 26, 1998--Adaptec, Inc. (NASDAQ:ADPT) has announced a UDF (Universal Disk Format) Reader that allows MultiRead CD-ROM drives to read CD-ReWritable (CD-RW) UDF discs, a critical step toward making CD-RW media the perfect solution for storage, back-up, and file sharing. "Achieving compatibility between CD-ROM drives and CD-RW media is one of the keys to the success of the CD-R/RW market. By making a UDF Reader available at no charge, we expect to kick the adoption of CD-RW into warp speed," says Tom Shea, general manager for Adaptec's Software Products Group. "And we believe that the presence of a standard UDF Reader in the marketplace will accelerate the trend toward greater UDF support in operating systems." Currently UDF-formatted CD-RW discs cannot be read in CD-ROM drives. Now with the Adaptec UDF Reader, Windows 95 or Macintosh operating systems can read standard UDF formatted CD-RW discs in MultiRead CD-ROM drives, giving consumers much needed compatibility between CD-RW discs and CD-ROM drives. A UDF Reader for Windows NT 4.0 will be available in the coming weeks. About the UDF Reader Starting the last week of March, the new UDF Reader will be offered as a free upgrade from the Adaptec World Wide Web site, www.adaptec.com. The UDF Reader allows MultiRead CD-ROM drives to read closed session UDF CD-R and CD-RW discs. UDF 1.5 (Universal Disk Format) is the industry standard file system that enables incremental writing of data to CD-R and CD-RW discs (packet writing). The UDF Reader compliments Adaptec's packet writing application, DirectCD, which gives users drive letter access to their CD-R/RW drive.

To: Tom M who wrote (1401)	3/26/1998 6:47:00 PM
From: Starowl	Read Replies (1) \| Respond to of 5944

Tom: I had planned to add to my holdings at about $20 and did so at 20 1/8. Hard to say where it's going from here. It's half the price I paid in December, when I thought it was a bargain. Very interesting situation now. I agree with Charlie about "window dressing" as an explanation for this downward trend. We--the small investors--aren't affecting the price. Institutions, I think, are pushing for a bottom, working on warnings from related businesses and jitters from Adaptec's spending on technology and facilities. We should take advantage of the game. Starowl