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Technology Stocks : QUANTUM
QNTM 10.09+1.5%3:59 PM EST
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To: John A. Shaffer who wrote (6183)12/6/1997 1:51:00 PM
From: Rob S.  Read Replies (2) of 9124
 
I agree with Lehman's assessment. Keep in mind that their advice is aimed at institutions and large investors who will often buy or sell the group rather than the individual stock. That is the factor that makes Quantum very attractive at the current price. I think Quantum will move up to capture some of the overselling due to the indiscriminant group selling but is unlikley to move up toward the 43 or other brokers even higher targets until earnings visibility is more certain.
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