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

To: Starowl who wrote (3034)	7/20/1998 10:13:00 PM
From: Investor2	Respond to of 5944

Re: "I know Christopher Hodgkin is not short the stock, but what about Investor2 at 0.02?" No, I'm not short either. As a matter of fact, I tried to "catch a falling knife" in early May and I'm still long ADPT. (That's one of the primary reasons I'm so interested in your brother, Wise's thread:) Subject 21898 I have no idea what the actual earnings number will be, but the CFO's recent departure made me suspect that the number will be "dreadful." I just guessed $0.02 earnings, since that seemed to fit the definition of "dreadful." Best wishes, I2

To: Starowl who wrote (3034)	7/20/1998 11:57:00 PM
From: Larry J.	Read Replies (1) \| Respond to of 5944

First Call Consensus (as of 7/18) now @ .14 for the June quarter. Sept. lowered to .14 as well. FY 3/99 @ .75, and FY 3/00 @ 1.26. IMO they are setting up well for ADPT to meet or exceed the consensus, and leaving plenty of room for upward revisions in future quarters. LTGR still @ 20%, but note that the earnings growth from FY '99 to FY 00 is 68% indicating that even the analysts think this slug is going to turn around eventually...........Thursday would be a great time to start! Larry (FWIW Zack's # is now @ .15)