QUANTUM Message Board - Msg: 2817776

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Technology Stocks : QUANTUM

QNTM 9.540

-2.7%

1:11 PM EST

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To: Z Analyzer who wrote (5689)	11/25/1997 7:56:00 PM
From: Rational	Read Replies (1) of 9124

I think the Wall Street is nervous about technology companies because of fluctuating (unreliable) earnings. Most Wall Street Analysts are technically incompetent to distinguish one disk drive maker from the other, as can be seen from the fact that, when SEG revised its earnings downward, QNTM was down more than SEG and WDC. The WS does not seem confident yet that QNTM is the leader in this sector. When this discovery is made unambiguously clearly, QNTM will double in price. Until then, it will be quite volatile, IMHO. But, this is the time to accumulate QNTM, IMHO. Tax-loss selling seems almost over and new buying will begin in the middle of December. Many big WS buyers may still be waiting for QNTM to revise earnings downward. If that downward revision does not materialize, the confidence will build up by December end. Sankar

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