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Technology Stocks : QUANTUM
QNTM 8.300-4.5%Dec 26 9:30 AM EST

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To: scott harrison who wrote (5140)11/18/1997 6:04:00 PM
From: Rational  Read Replies (2) of 9124
 
Scott:

Did QNTM participate in Comdex? If not, that could be interpreted as negative by a psychology-driven market. But at a rate of earnings of .71*4 = 2.84 per year, the value of a share couldnot be less than 28.40 even if the earnings were flat (and they are not) and the interest rate were 10%. The interest rate is way less than 10%. Thus, fear must have driven the price below $30, IMO.

Sankar
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