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Technology Stocks : QUANTUM
QNTM 9.800-6.8%Dec 11 3:59 PM EST

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To: Rational who wrote (6691)12/13/1997 4:19:00 PM
From: Steve Wagner  Read Replies (1) of 9124
 
<<I cannot fathom how SEG could be trading at a higher price? QNTM's cash per share is $4.4. QNTM's current assets are less because of MKE and less inventories, etc. The only reason I can find is SEG is trading at its 52-week low;>>

Sankar,

The other reason that comes to mind is that Seagate is viewed as the leader in the industry. Knowing what we do, it would make more sense for qntm to be at the pricing of a pe of 22 instead of seg, IMO.

Steve
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