Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: The Philosopher who wrote (4067)	11/19/1998 4:01:00 PM
From: Naveen Kumar	Respond to of 5944

Here's one for the road ! Thursday November 12, 6:07 pm Eastern Time Company Press Release Adaptec Partners With Dell for New 64-Bit Raid Technology MILPITAS, Calif.--(BUSINESS WIRE)--Nov. 12, 1998--Adaptec, Inc. today announced a relationship with Dell Computer Corp. [Nasdaq:DELL - news] to develop new 64-bit PCI RAID controller technology, which will be used to improve the I/O performance of network servers. Both Adaptec and Dell will use the resulting technology to provide 64-bit PCI RAID controller cards to their customers. The 64-bit PCI-to-Ultra2 SCSI RAID technology is designed to offer the highest capacity and I/O throughput of any host-based RAID controller available, with bandwidth to drive up to 4 channels of high performance SCSI LVD I/O. ''Dell has worked with Adaptec to develop technology that will provide our customers with a significant performance increase over previous generations of RAID technology and features to support their system availability needs,'' said Bob Van Steenberg, vice president of enterprise servers for Dell. ''We recognize Adaptec as a leader in I/O controller and storage solutions, and our choice to work with Adaptec underscores our commitment to providing Dell customers with solutions based on the very best technology available.'' ''The server industry is seeing regular increases in processor speeds, but I/O bandwidth simply hasn't kept pace,'' said Tom Marmen, vice president of Adaptec's Enterprise Solutions Group. ''As the leader in I/O solutions, Adaptec anticipated the industry shift to 64-bit PCI, and met this opportunity head-on with our 64-bit RAID controller technology. Dell continues to set new standards for enterprise server systems, and we are excited that they have chosen Adaptec's 64-bit RAID technology for their PowerEdge servers.'' About Adaptec: Adaptec provides bandwidth management technologies for organizations building the global information infrastructure. Its high-performance I/O, connectivity, and network products are incorporated into the systems and products of major computer and peripheral manufacturers. Founded in 1981 and headquartered in Milpitas, Calif., Adaptec (Nasdaq:ADPT - news) employs people worldwide in design, manufacturing, sales, service and distribution. Adaptec's home page is adaptec.com. Contact: Adaptec, Inc. David Szabados, 408/957-2051 szabados@corp.adaptec.com More Quotes and News: Adaptec Inc (Nasdaq:ADPT - news) Dell Computer Corp (Nasdaq:DELL - news) Related News Categories: computer hardware, computer peripheral, computers Help Copyright © 1998 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?

To: The Philosopher who wrote (4067)	11/19/1998 4:03:00 PM
From: Jim Switz	Read Replies (1) \| Respond to of 5944

Who here on SI has block-trade data? It seems there were about 4 million shares moved in the last 15 minutes of the trading day - somebody here has been able to post a list of trade sizes; would you please enlighten us about how these shares moved? Maybe some institution has jumped back in. And FYI, we're up for the fourth day in a row, and it appears we have just broken above the 200-day moving average for the first time since Dec. 2, 1997. Finally! Thanks.