QUANTUM Message Board - Msg: 2930425

STOCKTALK

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Technology Stocks : QUANTUM

QNTM 9.380

-4.7%

Dec 12 9:30 AM EST

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To: jkb who wrote (6378)	12/10/1997 5:13:00 PM
From: kash johal	Read Replies (2) of 9124

I suspect we will see sub $20 tomorrow. As an example NSM actually had pretty good numbers (actually beating estimates ) before charges for Cyrix acquisition. The stock was taken down from 30 5/8 to 27 or > 10%. Together with Seagates news I think analysts will shoot first and ask questions later. If we assume revised earnings for 98 of $1 to $1.50 then stock may even be fairly valued at sub $20 as there is so much uncertaintly and price pressure in DD market. I am extremely worried right now, and if hi-tech keep going down tomorrow then we may even see mid teens. Best Regards, Kash.

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