QUANTUM Message Board - Msg: 3810002

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Technology Stocks : QUANTUM

QNTM 10.51

-0.8%

Dec 10 3:59 PM EST

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To: Noor who wrote (7613)	3/23/1998 4:54:00 PM
From: All Mtn Ski	of 9124

Full Story: Quantum Corp said Monday it expects earnings in the fourth quarter to be break-even or "slightly better." The company also said it expects fourth quarter revenues to be about 20 percent lower than in the third quarter, when it reported revenues of $1.52 billion. It said the decline is driven mainly by original equipment manufacturer (OEM) inventory corrections and continued aggressive pricing for desktop hard disk drives. Estimates were for $0.25 Tom

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