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


To: The Philosopher who wrote (4234)1/7/1999 11:29:00 AM
From: OrionX  Read Replies (1) | Respond to of 5944
 
Does anyone know if in the pre-release ADPT mentioned how many shares they used to calculate the 0.20/sh earnings? Has anyone else also pondered how much of the earnings is attributed to the shares buy back? Just curious. Also, it's interesting that some lucky few got wind of this announcement yesterday as about 2000 call options were bought mostly at the Jan/20 strike. Talk about easy money. And we've been sweating it out since the $9 days!