3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 29 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AreWeThereYet who wrote (12065)	12/10/1997 10:46:00 PM
From: Dwight E. Karlsen	Read Replies (1) of 45548

Andy, it appears that QNTM is breaking even on DDs. Most estimate QNTM to derive 50% of profits from DLT tape drives, and now QNTM says they will be in .25-.30 range, when .60 was expected. So, it doesn't matter how great the drives are (I have one, and I agree Quantum drives are state-of-the-art), if they aren't making any money, then...what's the point of even manufacturing/selling them? This is tough news because I recommended my sister to buy QNTM at $26. At the time it looked like a great price.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next