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

To: Tony B who wrote (4343)	1/27/1999 10:50:00 AM
From: Jim Switz	Read Replies (1) \| Respond to of 5944

Put me in the "agree" column as well. After watching my videotape, I came away with an even worse impression of the interview than I got by reading the written transcript. What a dud of an interview and a big missed opportunity. ADPT seems to get CNBC interview opportunities only immediately after earnings (and one time after a particularly eye-catching annual report design) and should definitely use these rare opportunities to beat the drums instead of just sitting there answering the ignorant questions posed in the most boring and rambling way possible. For all I know, Andy Brown is a great CFO, but he's not ready for TV and may never be. Mark Haines is a terrible interviewer, particularly with regard to tech companies (of which he knows virtually nothing) and if I know that, Adaptec should know that and should have been prepared to take charge of the interview to explain the company and its comeback. His sidekick Mark Faber (who got to pose exactly one question) would have done a much better job, as he's somewhat tech-savvy. Haines is the guy who even mispronounced Saviers' name twice in the last interview with the guy - wasn't anyone at ADPT's PR department watching or reviewing tapes? If the company is truly back on track, they should be able to finally attract some PR-skilled CEO talent and ought to take a few million $$ to go out and get one. One that will really shine in front of a TV camera as well as at board meetings. This stunk, and I'm no longer confused about why the stock isn't performing after the blowout earnings. A big missed opportunity; they would have had better PR by just scrolling a transcript of the conference call on CNBC's TelePrompTer for ol' Markie to read verbatim.