QUANTUM Message Board - Msg: 2670297

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Technology Stocks : QUANTUM

QNTM 8.300

-4.5%

Dec 26 9:30 AM EST

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To: tech who wrote (4565)	11/7/1997 7:43:00 PM
From: tech	Read Replies (1) of 9124

I wrote this to the MOTLEY FOOL because of their ignorance. "I'm very disappointed in your "Goats" section of today's Fool news. You wrote, 'The announcement of a profit warning from WESTERN DIGITAL (NYSE:WDC - news) had repercussions throughout the disk drive industry today. Rival SEAGATE (NYSE:SEG - news), which has guided earnings expectations lower over the last two quarters and had experienced an 85% decline in first quarter EPS (before charges), fell $1 9/16 to $26 1/4 on concerns that pricing pressures will continue to erode its market share. QUANTUM (Nasdaq:QNTM -news) dropped $5 3/8 to $30 3/16 on similar concerns.' Quantum did not drop on those concerns. I don't know why you would assume that. Quantum does not have an eroding market share -- it is increasing, taking away market share from WDC and SEG. Didn't you guys know that Quantum met estimates? They are doing fine, and the only reason that Quantum shares went down was because of misperceptions such as yours. I think Quantum shareholders deserve for you guys to note the difference. Quantum is a succeeding DD business. Your opinions on my letter? Tech

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