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

To: SF TRADER who wrote (3001)	7/17/1998 12:42:00 PM
From: Investor2	Respond to of 5944

Re: "One thought, what if ADPT took its 700mio and purchased Treasuries. Annualized rate of return 6% translates to a quarterly return of $10.5mio, or about 10 cents a share...hmmmm.....(or better yet, invested in QLGC stock)." I'm sure that ADPT is getting interest on its cash and that this interest is included in its reported earnings. Thus, the earnings from core business operations are probably about 10 cents per share lower than the reported earnings. Best wishes, I2