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: Jim Switz who wrote (4250)	1/8/1999 4:32:00 PM
From: Starowl	Read Replies (2) \| Respond to of 5944

Yes, I've been checking the real-time adpt quotes. Sudden climb at end of trading back to where it started the day. My sense of the comment on the 64-bit RAID controller--available now only to the OEMs--is just that: it is obligated to fill current OEM orders. We know DELL is the primary customer and I expect OEMs are the first priority. If Dougerdad's info on RAID sales is correct, this card could be a big boost to earnings. And I am very curious about software sales and what they contributed to earnings. I was wondering myself about the new Singapore facility, remembering the projected December opening. Wonder if anyone can provide information on the status. You have estimated outstanding shares to be about 98 million. Does that mean you think the company spent all of the authorized $200M for an average share price of about $13 (about 15 million shares?) since October? You might be right. Management would have had a good sense of the business last quarter and knew the price was a bargain. Hope that's a question at the conference call. This has been a very strange year. We watched the ablating of the company early in the year as it plunged back into the atmosphere and then it seemed to just break into pieces. Now we are witnessing a very successful (apparently) turnaround and this time things are falling into place. Starowl