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 : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?

To: gmccon who wrote (3174)	1/26/1999 9:28:00 AM
From: TraderEd	Read Replies (1) \| Respond to of 3748

On the EMC conference call which finished less than five minutes ago, their CEO stated that fiber was their biggest percentage gainer area of business and that '99 would be the year of the fiber channel.

To: gmccon who wrote (3174)	1/28/1999 11:00:00 PM
From: Stitch	Read Replies (1) \| Respond to of 3748

gmccon; <<There you have it gentlemen. The CFO for Adaptec is being interviewed on CNBC's Squawk Box and says FC is a non-event.>> If, in fact, the CFO said FC is a non event, then I find that remark by him to be disingenuous to an extreme. Of course I guess you can't say "it was more then we could handle so we had to off load it even though the market is growing" on CNBC. That could be a fast track to a pink slip. But in seriousness, I hate when these guys get up in public and say something so extremely lacking credibility. In my opinion the guy should be sent back to bookeeping duties. He clearly is not ready for prime time and did his employer a disservice. By the way, you may want to go to this link and see what Adaptec was saying about FC before they decided they had bit off more then they could chew: fibrechannel.com Best, Stitch