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


To: jgercke who wrote (1859)4/30/1998 4:39:00 PM
From: Winston Kim  Read Replies (1) | Respond to of 5944
 
Adaptec Inc (ADPT) 23 5/8 +1/16: provider of bandwidth management technologies reports Q4 net of $0.20 a share, 9 cents
below the First Call mean. Revenues fell 23% to $204 million. Says significant changes in the pricing dynamics of the PC and
workstation markets and turmoil in the disk drive market caused Q3 and Q4 revenues to fall below expectations. Company says
reducing expenses...