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

To: Iceman Dan who wrote (3916)	10/22/1998 4:50:00 PM
From: The Philosopher	Read Replies (1) \| Respond to of 5944

Thanks for cite. I couldn't see where the $143M profit came from; looked to me like an operating loss even discounting the one-time charges. Some accounting sleight of hand? Will see what 1st Call accepts as "real" operating earnings. But nice to see inventories down a bit, and still plenty of cash in the bank $613M). Will be VERY interesting to see how we open tomorrow. Immediate after hours trading was up a bit, 14-1/8 to 14-1/4 (sorry, voodoo!), but historically, any major overnight changes in Adaptec have been negative.