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Steel Excel Inc. Message Board

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  • netstockman netstockman Jul 18, 2000 1:13 PM Flag

    Dont buy ADPT. Do the research

    Granted, ADPT is losing certain technology; SCSI
    is less desirable and their revenues and income are
    sure to decline.

    Hasn't this already been
    discounted in ADPTs stock price, however? It's trading at
    only an 11 PE.

    Most importantly, what about
    their CD-R & CD-RW technology? What market share does
    Adaptec have for the creation of music CDs? The
    multi-billion dollar music business is being severly threatened
    by Napster & MP3.

    If a consortium of these
    music titans purchased Adaptec and tried to include a
    registration and fee technology for stamping CDs, would this
    be viable? Could it create a much larger value for a
    troubled ADPT?

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