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

To: SF TRADER who wrote (2994)	7/16/1998 4:51:00 PM
From: The Philosopher	Read Replies (1) \| Respond to of 5944

Prior to extraordinary charges -- 0.04. I would love to be wrong. (On the low side, that is! My fear is being too high.)

To: SF TRADER who wrote (2994)	7/16/1998 7:05:00 PM
From: Starowl	Read Replies (1) \| Respond to of 5944

SF: My "published" guess is 0.13, which I made about a month ago. But I'm revising that upward to 0.18, because I am buoyed by the lack of negatives since the conference call two and a half months ago, by the company's moves to cut operating costs since January, and by a sense of a turnaround in the inventory problems. Moreover, there has been a spate of earnings "surprises" lately. And I saw a glimmer of a message in the company's announcement of the cut of 350 jobs in the Singapore plant, which the company said "contribute(s) significantly to the company's strong financial performance." (present tense) Just gut stuff, ephemeral musings. But who knows? What is, is; what ain't, ain't. I haven't seen the "spongeworthy" episode but hope to catch it on the reruns. I was out of the country for a good bit of the series and have to catch up. Starowl