QUANTUM Message Board - Msg: 2927031

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Technology Stocks : QUANTUM

QNTM 9.380

-4.7%

Dec 12 9:30 AM EST

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To: still learning who wrote (6333)	12/10/1997 12:04:00 PM
From: Rob S.	Read Replies (3) of 9124

I agree that the main thing is the outlook for sales and earnings. Noone can dispute that desktop HDD prices have come down dramatically and it's still not know how much that will impact Quantum. I think the recent earnings revisions have probably cut too deep but the fear is still out there. The DLT business is solid and should contribute 50%-60% of earnings this quarter and next. And overall DD sales will be very strong, particularly for mid to high end drives. The low end drives are swamped with overcapacity and obsolete product that is being discounted. WDC, despite what they say about holding back production ramps is burdened by excess inventory. The situation looks like it will remain cloudy until the company issues statements or releases earnings for this quarter. The earnings release is still well into January. Quantum will probably stay in a range until near or after the earnings release.

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