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

To: Jim Switz who wrote (3186)	7/25/1998 10:48:00 AM
From: Larry J.	Read Replies (2) \| Respond to of 5944

Jim, I received mine yesterday as well. It is pretty ironic that it shows up on the day that ADPT closes at something like it's 2 -3 year low. While I haven't read through it yet, I like it a lot. Definitely not the usual "throw away". After a day to reflect on the week (and another 2 1/2 point haircut), I am very comfortable maintaining ADPT as one of my larger holdings. An 80% drop from its high following 54 consecutive quarters of revenue growth (and a "plan" in place to recover) is as gross an overreaction as I've seen in a former elite tech. stock. I think ADPT's a frickin steal at $11 per share. (Caveat emptor....I thought so @ $13 too!). I'll plan to meet you at the annual mtg. We'll figure something out closer to the time. Larry

To: Jim Switz who wrote (3186)	7/25/1998 11:01:00 AM
From: Starowl	Respond to of 5944

Jim: Re. " Intel was a relative unknown in the general public's mind until it started the brilliant "Intel Inside" campaign to fend off the growing AMD and Cyrix threats. I'm not saying a similar thing is appropriate for ADPT, but a "grabber" annual is a decent investment, IMHO." The Intel analogy is an interesting one, I think. Intel brought a generally unfathomable (to the average buyer) and complex chip buried deep inside the ordinary computer right smack to the surface with its "Intel Inside" idea. As the heart of the computer, perhaps the chip warrants some special attention and what a brilliant means for getting that attention. I can't imagine a box maker advertising "Adaptec Advantaged" on the side of a computer, but the company could definitely use a similar campaign to gain greater recognition for its excellent I/O solutions. The annual report's front page (and its web page) introduces the new logo "Yippee I/O" figure. Corny, maybe yes, but quite a catchy idea. I'm not a marketing specialist, but I'd bet there's money to be made in that logo. It's a happy, jaunty figure that speaks to the heart of Adaptec's business. Starowl