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

To: Zeev Hed who wrote (1413)	3/27/1998 10:46:00 AM
From: Ahmad Ascha	Read Replies (1) \| Respond to of 5944

Zeev : I beg to differ with you about your assessment. "(Sure management sold shares in the period of June to December last year, they saw the writing on the wall (and all they had to do is read SI were many have warned of the collapse of SEA and the negative impact it will have on high tech). Their sales had probably nothing to do with company specific events (the sales are smoothly distributed over the whole period) but with a less than sanguine view of 1998 in general." The management knew about the future decline in the business, yet if you look at their statements they were all predicting a rosy future, at that time they sold 750,000 shares. There is a new twist in the most recent lawsuit, the suit is directed toward the management and the officers involved and not the company which is unusual and further potentiate the theory of impropriety. Waiting for the outcome.!!! Ahmad