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


To: Larry J. who wrote (1539)3/31/1998 10:37:00 PM
From: ChiTao  Read Replies (2) | Respond to of 5944
 
"Perhaps lack of an announcement today is indicative that they feel they can make the revised #. "

Well said, let's hope you are right on this.

There is one thing keep bothering me,though. Look at the PC industry, with the exception of MSFT, seems like every company is having problem meeting their Qs, to name a few, INTC, COMS, ADBE, QNTM...etc. Some of them are even losing money. ADPT, for some reasons, seems to be the one getting most serious punishment, even though people still expect ADPT to make money this Q.



To: Larry J. who wrote (1539)4/1/1998 11:26:00 AM
From: The Philosopher  Read Replies (1) | Respond to of 5944
 
>>Perhaps lack of an announcement today is indicative that they feel they can make the revised #.

Even before the latest reductions, Rachel (ADPT IR) said they were comfortable with the lower end of the estimates. If they are in line with estimates, is there a need to preannounce?