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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 169.02

+0.1%

2:22 PM EST

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To: Frodo Baxter who wrote (6642)	6/19/1999 9:38:00 PM
From: Mark Oliver	Read Replies (3) of 9256

Isn't it all a bit pathetic? Quantum must make a tracking stock to unlock value???? Yeah well, are we all that dumb? For me, the value of this tracking stock will be complete separation from the loosing ways of HDD. Are these same people who got the industry stuck in this vortex of over production and no profits running this business? So, they were suppose to earn 31 cents and now they'll have a loss. You have to wonder how much of a loss or profit they had been counting on with HDD? I've always thought Quantum should have made more profits if the Tape business were as hot as they say. Can we really count on predictions for Tape earnings 1 year out anymore than we can count on HDD predictions? Especially going into a new product cycle? Remember not long ago WD predicted they'd be making over $5 a share now, not loosing $5 a share. So, the pump begins, a cynical scenario. Will the Wall Street machine start the pump on Quantum? Have they loaded up now and are looking to sell into our enthusiasm? How much higher can the stock go as they sell into this media driven euphoria? I would guess there could be some extra points (25 -28), but how does this scenario go if you guess the manipulators bought a month ago planning to start a media campaign into a stronger market, but to their surprise they now have a lot of warnings. Now, they need to get a lot of press going ahead of schedule to make their exit strategy. Can we buy Quantum shares in 2 months for under $20? If BigFoot is history, will Quantum need to take some big charges to phase it out? And will they take these charges before or after the tracking stock? Worse yet, Is SDLT late? Don't take me too serious. It's just a Sunday morning rave. Regards, Mark

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