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

To: Jim Switz who wrote (2656)	6/13/1998 1:49:00 PM
From: Jim Switz	Read Replies (1) \| Respond to of 5944

A very small positive: one insider buying. According to Yahoo's insider-trading page biz.yahoo.com on May 5, 8 and 28 an ADPT V.P. (Richard Clayton) bought a total of 3,500 shares outright, on the open market, paying between $19.125 and $15.9375 (the latter being a 2,500 share block). Does this mean anything? Does it portend anything? Who knows? Perhaps there's a management squeeze on to hold some shares outright for morale purposes. Or maybe Mr. Clayton is simply brushing up on his knife-catching skills. ;-) I haven't found any other listings for buys on the open market; just lots of option exercises/sales. :-(

To: Jim Switz who wrote (2656)	6/13/1998 11:14:00 PM
From: Starowl	Read Replies (2) \| Respond to of 5944

Jim: I believe the Bear Stearns conference is next week. I expect news on Adaptec coming from those sessions. Re. Symbios, I would hazard a guess that this is the week we will hear something. Certainty, for or against, would be a big plus. Regarding R&D, I am confident (in the gut) that the company is focusing on the right things. But like you, I would really appreciate insights into those efforts. Judging by the company's reluctance this year to tout its prospects, I am not sanguine we're going to get much positive spin from the execs. We will have to work with the bottom line, whatever that turns out to be. And in the end, that's what counts. Starowl