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

To: The Philosopher who wrote (3430)8/14/1998 1:55:00 PM
From: deke leatherman  Respond to of 5944
 
I simply enjoy the wording that some of the analysts use.

Actually, any time that we are willing to pay more than the
book value for something, be that stocks or cars or whatever;
then we are either out of our minds or we are speculators.

Guilty of both - at times.

Have a good weekend Chris.



To: The Philosopher who wrote (3430)8/14/1998 2:57:00 PM
From: deke leatherman  Read Replies (1) | Respond to of 5944
 
Chris: It was not that long ago that adpt was supposed to have 1 bil
in cash. I believe that figure was also mentioned on this thread. That was before the failed acquisition.

Lately the cash figure has been quoted at 625 - 650 mil. If these
figures are correct then what is happening to the cash flow?

I hope these numbers are incorrect (to the plus side). Any ideas?


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