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

To: Joseph Francis Torti who wrote (3087)	7/23/1998 4:53:00 PM
From: Mark Brophy	Respond to of 5944

Conference call info: Live: 212-896-6138 Playback: 800-633-8284 reservation 4460940 4:00 PST

To: Joseph Francis Torti who wrote (3087)	7/23/1998 4:54:00 PM
From: Jim Switz	Read Replies (1) \| Respond to of 5944

Joseph, that 55-61 cent writedown was just for the Ridge/ADI acquisitions. In separate releases, they said they'd also take charges for Symbios-related expenses and layoffs. See my message #2972 for how I figured it'd come out. I used the worst-case numbers and came up with a charge of $102 million, or 89 cents/share. Actual was $96 million, or 78 cents/share. They didn't lie. But, did anyone else notice that the press release neglected to mention the average number of shares outstanding, for per-share calculations? I need to track this down for input into my spreadsheet.