QUANTUM Message Board - Msg: 2895285

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Technology Stocks : QUANTUM

QNTM 9.940

-0.6%

Dec 5 3:59 PM EST

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To: William, III who wrote (6181)	12/6/1997 12:01:00 PM
From: jgideon	Read Replies (2) of 9124

Let's not hold our collective breath for blowing away of any earnings estimates. Lehman (Kim Alexy) has been one of the saner voices out there. These numbers need to be taken seriously. Note that Lehman now has $2.26 for FY 98 compared to the street estimate of $2.67. If, or should I say when, others drop to similar levels in their estimates, that will constitute negative news -- even though QNTM has said nothing officially. The Lehman report specifically targets $2 in earnings over the next 12 months for DLT. Hence, they have a reasonable floor to their estimates and are not cutting due to some misperception that QNTM is purely a DD company. jg

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