<<re: Your mistake is the 15 multiple. DD stocks will never get that, nor do they deserve it. Try 8 or 9>>
Vanni: You keep referring to the "DD stocks", as if the dd companies are simply carbon copies of each other. qntm derives nearly half of its bottom line from high growth, high margin, and proprietary dlt tape products. As Alan pointed out in a previous post, when qntm loses the dd collar, it will be judged in a more favorable light.
Although it should be noted, even qntm's dd business is not a disaster. qntm's Bigfoot and Fireball drives are very popular in the OEM market. Even IBM is using them in some of their PC's. See my post #5575
If an investor leaves qntm now and returns after the dd industry fears and concerns subside, they won't to get back in at 27/shr.
Dale
P.S. Since you don't short these stocks and you don't go long on any of dd companies, what is your fascination with them? Do you work in the DD industry? A brokerage firm? I'm not a flaming you, I am just curious. |
