"To repeart, what Quantum said in their conference call in response to an anlysts' question about what numbers to plug in for 1998, management said that 60% was not out of line but 100% was not reasonable."
No, actually for fiscal 1998 (year ends March '98), they said that they thought 100% Year over Year growth was doable, but after that--for fiscal '99 (ends March 99)--a slowdown to market growth was reasonable, since the reason that they are exceeding market growth now is because they are taking market share from others. After a certain point, taking more market share becomes impossible. Market growth in the backup tape business, I have read, is a robust 40-45%, (though where that number comes from I cannot remember--but it includes all of the new NT business, and the new networks, servers, etc. that are springing up like weeds in every business of any size). Add a few percentage points for taking a little market share, and for a growing international business, and you can come up with 50-60% fairly quickly. |
