QUANTUM Message Board - Msg: 2947591

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 : QUANTUM

QNTM 9.940

-0.6%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John A. Shaffer who wrote (6623)	12/12/1997 10:11:00 AM
From: still learning	Read Replies (2) of 9124

Rather than fightingthe analysts and the tape, whatsay we look at their revised #s and see where we think the stock is going. "We are decreasing fiscal 1998 estimates from $2.26 to 1.81, reducing our fiscal 1999 estimates from $3.45 to $2.50, and reducing our rating on the shares to a 3-Neutral" If we see $1.81 this year (ALL: THIS DOES INLCUDE SPLITS!!!) and $2.50 next year. And we apply a multiple of 12x as of March or mid-April (after Q4), we get a $30 price once we are safely into next FY. So we should get a price moving from $20 toward $30 this Spring. I think that'sthe short-term reality unless and until we get earnings revisions upward. Given this hypothetical, what does everyone plan to do? I will possibly sell a portion at $25, another at $30 to lock in some of my gains once we start going up (yes, I bought at an average of $17 and let this market steal most of it back). Given that I have a large position, I plan to hold 2./3 of it for long-term (3-5 years) but this time I may be prepared to take some money off the table. Other opinions?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next