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

To: Cents who wrote (4127)	12/9/1998 12:13:00 AM
From: Jim Switz	Respond to of 5944

Doubtful that the Prassi ruling accounted for today's move; in monetary terms it's peanuts. Prassi was comprised (I think) of former InCat people - when ADPT bought InCat they ended up on the ADPT payroll. It seems from the court ruling that they took a few floppies with them when they left to form Prassi. Anyway, I've never even seen Prassi software for sale, so doubt it was making a real impact on ADPT's fortunes. But every company has to defend its intellectual property, so the ruling is a plus. We're hearing about a ratings upgrade; maybe that was today's motivator. Whatever it was, I'm not complaining.