Adaptec reports Q4 revenue

Adaptec (Milpitas, CA, http://www.adaptec.com

, Nasdaq: ADPT) reports revenue for Q4 '97 of $265 million, a 35% increase from $196 million in Q4 '96. Net income of $47 million includes a one-time charge of $11.5 million for the purchase of CD-R technology and assets from Skipstone; results compare with net income of $41,068 in Q4 '96.