EXABYTE Message Board - Msg: 1762400

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Technology Stocks : EXABYTE

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To: van wang who wrote (74)	7/15/1997 1:21:00 AM
From: John Nobrega	of 218

Jon, On July 10 Exabyte reported earnings of 5 cents a share against expections of 12 cents a cents a share, dropping the stock 1 1/8 for the day. Gross revenues were about the same quarter over quarter. Press releases indicate that Exabyte's Mammoth technology is becoming widely accepted and that sales revenue should start to increase finally. If the summer slows down like it always does due to vacations, expect a flat to slightly higher sept quarter, and a good december quarter, which should finally move EXBT out of it's 12-15 funk. Is it worth the wait? If you've held the stock as long as I have, another 6 months is nothing.

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