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


To: Larry J. who wrote (2534)6/14/1998 11:35:00 PM
From: Jim Switz  Read Replies (1) | Respond to of 5944
 
Larry J. on 6 June regarding earnings expectations for current quarter:

Has anyone had any luck getting through to IR. I've left several messages for Rachel and IR. They suck! I called ASND IR when its stock was getting hammered @ < $25, and Bernie Schneider(Treasurer)returned my call. That's shareholder service!

The only contact I did make was with Paul Hansen's (CFO's) assistant about two weeks ago, and she point blank told me that ADPT expected to meet 1st Call estimates of .20 for the Q. I'm comfortable that a warning is unlikely.


My voicemail messages last week are so far unanswered - has anyone heard back from IR recently? Are they still expecting to meet the (pretty low expectation) estimate of $0.20? This was one of the questions I left for them, and I'd sure like to be comfortable that a warning is unlikely too!

Zacks' 6 brokers ultra.zacks.com are showing $0.21 (FY 99: $1.04) recently, while the Nasdaq IBES page nasdaq.com is listing $0.255 (FY 99: $1.345), also on 6 estimates.

It's interesting to compare the FY99 numbers above with that guy from Prudent Speculator, who as I recall is predicting $0.94. With numbers all over the map like this, it's no wonder that uncertainty rules the day.