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Technology Stocks : QUANTUM
QNTM 8.585+11.6%3:59 PM EST

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To: still learning who wrote (6387)12/10/1997 5:30:00 PM
From: kash johal  Read Replies (2) of 9124
 
The market doesn't give a f*** about earnings for last several quarters. They see .25-.35 with additional charges for current quarter and outlook for next 12 months is very unclear. I would not be surprised to see earnings revisions downward tomorrow for next 12 months. I do not know extent of charges for this quarter but let's say $0.10 that means $1 to $1.50 for next 12 months could be very reasonable.

In terms of 99 earnings I think no-one has a clue including the company. It could be $3.00 plus or it could be breakeven if DLT has problems ( technical, competitive, market) etc.

I would be very pleasantly surprised if we only drop to $20 tomorrow.

Best of luck to everyone.
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