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Technology Stocks : QUANTUM
QNTM 9.800-6.8%Dec 11 3:59 PM EST

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To: john douglas who wrote (6400)12/10/1997 6:32:00 PM
From: Y. Samuel Arai  Read Replies (1) of 9124
 
Well, the conference call sounded good with DLT growing 100%, but high-end HD business looks like it will get worse before it gets better. Surprise was that DLT sales were flat this quarter due to transition from DLT2000/4000 to 7000, with orders reduced for the lower end models on anticipation of higher end, and 7000 not growing fast enough to offset reduction in sales of 2000/4000.
They said they see no competition for DLT for the next 12 months.
They announced 10% cutback in DD output.
From the sound of it though, I estimate next quarter's earnings will just be slightly better than this quarter...
Sam
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