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To: Mang Cheng who wrote (20341)8/9/1998 10:07:00 PM
From: E_K_S  Respond to of 45548
 
Hi Mang - Here is more background inforon Mr. Clafin..
(http://www.digital.com/info/PR00DR/PR00DRSC.TXT)
"...Claflin was General Manager, Product and Brand Management, responsible for worldwide PC product marketing and development as well as brand management, advertising and promotion. Previously, he was President, IBM Personal Computer Company-Americas and General Manager, Mobile Computing, responsible for the IBM PC Company's worldwide mobile computing business. Claflin began his 22-year career with IBM in sales and marketing, progressing to a variety of senior management positions, including responsibility for IBM's hardware and software marketing and customer satisfaction in Asia; for operations in Asia/Pacific; and for marketing strategies for PC and RISC workstations in IBM's Personal Systems Line of Business..."

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(http://www.digital.com/info/PR00DR/PR00DRSC.TXT)
"...Claflin, 46, brings a wealth of global experience and relationships to his new post. Most recently he served as Senior Vice President/Group Executive, Worldwide Sales and Marketing at Digital Equipment Corp., where he led a global organization of 12,000 employees with $13 billion in revenue responsibility..."

Claflin holds a B.A. in political science from Pennsylvania State University.

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I do not see a lot of experience in the enterprise sector especially the large enterprise computing area. Let's hope he can leverage on other resources within the company to expand that high end business.

EKS



To: Mang Cheng who wrote (20341)8/11/1998 12:05:00 PM
From: Moonray  Read Replies (1) | Respond to of 45548
 
Adaptec seen as takeover target
CBS MarketWatch - Last Update: 5:13 PM ET Aug 10, 1998

Adaptec Inc. (ADPT) closed higher Monday amid speculation the company
could be a takeover target.

The bandwith management company could be acquired by Intel Corp.
(INTC) or 3Com Corp. (COMS) according to Barron's.


Adaptec shares have fallen almost 80 percent since last October, due
to pricing pressure, excess inventory and the failure to complete a
key acquisition. Shares closed up 1 1/2 at 13 7/16.

o~~~ O