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 8.460-12.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob S. who wrote (6114)12/5/1997 5:21:00 AM
From: Z Analyzer  Read Replies (2) of 9124
 
<<Lets get those letters going to the CFO, CEO and board that investors need a
stock buy-back to show confidence in the stock at this critical point. >>
I'll second the motion. It sounds as if Quantum is on the fence on this one so letters here could really help. It is very important to mention that even a small buyback would be a vote of confidence and better than nothing. (A large buyback is out of the question given Quantum's desire to maintain a strong balance sheet). If they can buy 3 mil shares for $20 less than the stock will soon be worth, that's $60 million ahead and nothing to sneeze at.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext