Adaptec 2002 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2002 Adaptec annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

PART II
ITEM 5. Market for Registrant's Common Equity and Related Stockholder Matters.
Stock Price Information. Our common stock trades on the Nasdaq National Market under the symbol PMCS. The
following table sets forth, for the periods indicated, the high and low closing sale prices for our Common
Stock as reported by the Nasdaq National Market:
2001 High Low
First Quarter.................................... $ 105.94 $ 24.74 Second
Quarter................................... 44.81 19.12 Third Quarter....................................
36.87 10.05 Fourth Quarter................................... 29.24 9.87
2002 High Low
First Quarter.................................... $ 25.98 $ 14.61 Second
Quarter................................... 18.05 8.91 Third Quarter....................................
10.46 3.88 Fourth Quarter................................... 8.85 2.72
To maintain consistency, the information provided above is based on calendar quarter ends rather than fiscal
quarter ends. As of March 11, 2003, there were approximately 1,726 holders of record of our Common Stock.
We have never paid cash dividends on our Common Stock. We currently intend to retain earnings, if any, for
use in our business and do not anticipate paying any cash dividends in the foreseeable future.
14