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


To: Jim Switz who wrote (4332)1/26/1999 12:39:00 PM
From: Starowl  Respond to of 5944
 
Jim: Thanks for the link. I just watched/listened to the interview and was not surprised that so much of the focus is on the year-year performance comparison, when the real news is how this company has reversed a very serious downward spiral over the last year. Business reporters can't really follow in any depth most of the companies they write about, and the first thing you check at earnings time is the year-year performance. I've seen several brief pieces on the earnings and all note the 30+% drop in earnings from a year ago.

It really doesn't matter too much how the press reports things; what matters is how Adaptec performs. Thankfully, we are off the roller-coaster ride, especially that first big hill. I'm hoping now for a ride on the merry-go-round, reaching for the golden ring.

And what about QLogic? Great earnings, big drop, and now an apparent climb back up.

Starowl