QUANTUM Message Board - Msg: 2900909

STOCKTALK

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Technology Stocks : QUANTUM

QNTM 8.120

-5.4%

3:59 PM EST

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To: Rob S. who wrote (6216)	12/7/1997 3:12:00 PM
From: William T. Katz	Read Replies (3) of 9124

Maybe we should move this to a new thread where we can form some sort of action committee. This is not a QNTM-specific problem, just a general stock market problem. I am not against analysts getting absurdly huge $$$ salaries for their piecing things together and making good calls. I am extremely against any formally designed system where the company releases pertinent information first to analysts at some special meeting. In that particular case, the analysts are rewarded simply for their status as financial world elites. Anything that affects the price of my stock should be public and certainly shouldn't be delivered selectively. As said in the previous post, the financial industry has a huge incentive to keep things at status quo, much like the tobacco industry with smoking.

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