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


To: Starowl who wrote (1535)3/31/1998 8:57:00 PM
From: ChiTao  Read Replies (2) | Respond to of 5944
 
Starowl,

Guess I'm wrong again. I didn't expect the job reduction comes this early. I was expecting the job cut after the merge completed. Although I have no idea what's going to happen with my holding, it seems a good sign that the management team starts to take some actions. Don't know why they didn't pre-warn Q4 earning alone with the job announcement. I think it's better to take one hit instead of several.