SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUANTUM
QNTM 9.940-0.5%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William, III who wrote (5895)12/2/1997 3:30:00 PM
From: Rob S.  Read Replies (1) of 9124
 
William sorry to contradict your post, but do you understand how the investment community and investment seminars work? What is the purpose of these investment seminars? What do these guys get paid "the big bucks" for? Are they there to discuss their wife's flower arrangements?

Your understanding is very naive. Management WILL discuss the impact of the Asian situation and DD competition at the DMG conference. If that discussion is materially different than the current street forecasts it will be pumped into the spreadsheet models for Quantum earnings and the earnings forecasts will be adjusted accordingly. That will likely take a few days. Before that many of the institutiuons will jump out of the stock. Almost ten million shares traded to the downside while the P/E is around 11? If the adjustments are significant enough, and managment is so inclined to inform the "average investor", then a statement will come out.

OK, maybe the story hasn't changed and Quantum will not be effected by a 25%-40% drop in desktop DD prices, and therefore, Quantum managment hasn't felt the need to issue any statements warning of revised prospects. What does your reason and logic tell you?

I think business is still good at Quantum and the price is now cheap. but I also know the kind of details that are discussed at these meetings and the likelihood that Quantum managment will just ignore every question from analysts and institutional investors. No I don't think they will ask about their wife's flower arrangments.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News