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

To: Pravin Kamdar who wrote (2670)	6/14/1998 3:12:00 AM
From: Jim Switz	Respond to of 5944

Pravin, that would be nice, but since I'm in a pessimistic mood these days (one gets that way getting kicked in the head on an almost-daily basis) I'd have to say your estimate of $80-100M earnings is pretty optimistic. I recall a press article early this spring (from a Korean newspaper, I think) that said Symbios revenues in '96/'97 were about $620M, and net earnings about $69M. I'd be grateful to see even these numbers hold and accrete to Adaptec's bottom line ($69M would be about 59 cents/share - a nice bump upward), but I'm fearful that in the current climate both figures may have declined. See, told you I was pessimistic!