SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: SF TRADER who wrote (3254)7/30/1998 7:56:00 PM
From: Jim Switz  Respond to of 5944
 
Hey there, SFT, you're not alone. I guess we're all just shell-shocked, with good reason. I check this board at least a few times a day just to stay in touch, and have learned much - particularly the stuff about company share-buyback restrictions, if all that info is on the level. There's just not a lot to talk about of substance at the moment, and I sure don't want people posting just to whine.

That being said, here's some stuff to enliven your day. ;-)

What did your broker mean by "hot potato"? That it's under accumulation and is positive, or people don't want to hold on to it? And is month-end reporting really that important? Isn't the quarterly window-dressing what people pay attention to?

And your rumor about the controller seems, so far, to be exactly that. The only place I've seen it surface is over on the Yahoo thread, and we all know how authoritative that place is. :-) Saviers did say during the conference call that they were talking to at least a couple of new CFO candidates, one that very evening (Thursday) in fact, so we should hear an announcement of a new appointment soon, unless nobody wants to jump into the frying pan. Sure hope the new person has a CPA!

It appears that there are some Ridge-related product announcements coming in August, so that's something to look forward to. Doubt they'll be revenue generators for at least a quarter or two, but a dynamite product would be a nice positive. We can sure use one.

See you at the shareholder meeting? I just tossed some nametag stickers into my ADPT proxy package to take to the meeting, so be sure to come get one! You too, Larry J. and whoever else.

Just not much to chew on right now, so we'll all conserve bandwidth. Except for the crap I just wrote above, of course.




To: SF TRADER who wrote (3254)7/30/1998 7:57:00 PM
From: Werlick  Read Replies (1) | Respond to of 5944
 
Dear Trader, You ask, "Can you average down?", yes, when it's $1/share. With that in mind, give me your best guess as to when and how we will ever see $20 again. Werlick



To: SF TRADER who wrote (3254)7/30/1998 8:13:00 PM
From: The Philosopher  Respond to of 5944
 
We're here. Just not much to repart (if that is the verb form of repartee) cleverly about.