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

To: Johnathan C. Doe who wrote (1875)	4/30/1998 7:44:00 PM
From: Maverick	Respond to of 5944

ADPT, 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. Say 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 say reducing expenses... [I expect a plethora of downgrades tomorrow. Immediate terms look very bad. it won't rebound any time soon]