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Technology Stocks : Storage Dimensions - STDM

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To: Harry G. Birmingham, Jr. who wrote (96)6/21/1997 2:56:00 PM
From: kvogel   of 311
 
New earnings estimates from Smith Barney. My son works at Smith Barney and they were one of the major underwriters of the public offering.
** This quarter 3rd 4th 1998
old est. +.17, .22, .28, $1.08
new est. -.10, .08, .19, $0.80

They believe the problems suffered this quarter are being worked out and recommend STDM as a buy.

Smith Barney and Salomon Bros. were the major underwriters in the public offering. They both make markets in the stock and work with the company about analysis and following the stock. This stock really had no deadcat bounce and selling has dried up. The market makers are getting stock in the 5 1/2 - 6 range and I look for a significant move upward when the soon to begin summer tech stock correction is over. The server area is growing at 50% and STDM has great products. I think they might have a shot at getting some OEM contracts from Micron Electronics or Gateway which want to increase their share of the server market. This is just a guess so don't hold me to it but it could have a major impact on the stock.

Karl
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