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


To: Jimbo Cobb who wrote (2630)6/12/1998 4:11:00 PM
From: Doug Skrypek  Read Replies (1) | Respond to of 5944
 
Pretty low if need be, but ADPT is not going much lower.

Sorry to disappoint you- I am an optimist on this one.



To: Jimbo Cobb who wrote (2630)6/12/1998 5:02:00 PM
From: The Philosopher  Respond to of 5944
 
>> Hey how LOW can you GO ????????????????????????????????????????????

We don't want to find out!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



To: Jimbo Cobb who wrote (2630)6/12/1998 8:21:00 PM
From: Quan Nguyen  Respond to of 5944
 
Does CPQ wants to take over ADPT, ADPT is now forsale.
Man It lost almost 1 more point again today then the market is recover or up this baby not moving any thing. Short is still queeze ADPT.
I guess every one is buy and sell in same day, ADPT will flys soon backup your truck. Never see ADPT down so much like this, some buy
back from company will be helpful.

Best
Quan Nguyen



To: Jimbo Cobb who wrote (2630)6/13/1998 12:28:00 AM
From: Jim Switz  Read Replies (4) | Respond to of 5944
 
Just FYI, the last time ADPT was this low (split-adjusted) was Jan. 31, 1995, when it touched $12.875. Revenues for the quarter ended just prior, Dec. 31 '94, were $123.4 million. Gross margin was 58% (probably about where we are now), and net income was $27.4 million, or $0.26/share.

Incidentally, someone a while back was wondering how far the string of profitable quarters extends. To date, Adaptec has posted 55 profitable quarters in a row. The quarter ended Sept. 30, '97 was the 25th quarter in a row of consecutive revenue growth (obviously, that string broke right there). All in all, pretty remarkable, but it sure doesn't seem to count for much at the moment, does it?