QUANTUM Message Board - Msg: 2898525

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Technology Stocks : QUANTUM

QNTM 8.270

+7.5%

1:00 PM EST

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To: John A. Shaffer who wrote (6195)	12/6/1997 11:24:00 PM
From: Rob S.	Read Replies (2) of 9124

I think that besides a bit of a "correction" to 30-32 for being oversold and a bounce, Quantum will depend on earnings to drive it up. Reports of strong PC sales probably won't have much, if any effect. If Quantum directly reports strong sales, particularly with some clearer earnings indication, then it could help. I agree that the sector is out of favor and will likley stay that way until earnings come in as good or better than currently expected. At that time institutional investors may start getting back in more agressively. I tend to agree that, as stupid as it seems, that the old lady cows on wallstreet will likely trade the group - Mooo . . Moooo!

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