QUANTUM Message Board - Msg: 2957129

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: Jadrew who wrote (6655)	12/13/1997 1:06:00 PM
From: Jeff Egg	Read Replies (2) of 9124

For future reference they have established a hold on the stock at 17ish on QNTM. This even after Lehmans question about future demand was answered " the company does not feel this flat performance in DLT is anything more than a transition from the 2000,4000 to the 7000 and reflects a decrease in demand for older produciton and is the ramp up phase for 7000 where demand is very strong". The company went on to say they are out performing their model in terms of DLT and expect a 100% increase in demand for DLT in calander yr 98. The company said Media sales are somewhat slower because of the previously mentioned issues. Maybe she was on a cellular phone and had significant static. The Lehman RMI (reverse market indicator) has been initially set at 17.5. Lets hope they do not upgrade for awhile so we can recover some ground next quarter. JEFF EGG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next