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


To: John Finley who wrote (3388)8/7/1998 9:34:00 PM
From: Jim Switz  Read Replies (1) | Respond to of 5944
 
Me too. Maybe they'd like to minimize the management distraction and cash needs for a product line not deemed to be critical. Maybe they're a bit reluctant to directly compete with some customers, such as the disk drive companies.

I seem to recall that this was discussed (maybe in the April 30 conference call) and that management said that they'd checked with customers and were actually encouraged by them to get into this "one stop shopping" business line with the Ridge products.

Hard to discern how all this will shake out; we'll just have to wait and see. Bet we don't have long to wait; look for some more info before the shareholders meeting on the 20th.