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Technology Stocks : QUANTUM
QNTM 9.380-4.7%Dec 12 9:30 AM EST
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To: BroSnack who wrote (6598)12/13/1997 5:22:00 PM
From: Alan Hume  Read Replies (1) of 9124
 
To all on this thread:

The "Asian effect"
I am confused by all the "bad news"

1)I was in your fine country last week, and read in USA Today that computer sales were up 18% in Asia compared to last year. I presume this is measured in qtys sold rather than $ value. If so, this is only 2% down on the projected w/w annual growth figures. Facet: no cause for alarm IMO.
2)MKE manufactures for QNTM and is Yen based. Yen is aprox 30% down on the $ since January this year. So that must spell good news for QNTM, or???
3)My understanding from a posting from much earlier this year that QNTM settles with MKE in $ and hence has no hedging risks. Pricing is frequently adjusted. No risks here for QNTM I would think.

Can some of you well educated folks out there straighten my thinking out, as I am obviously missing something somewhere?

Thanks for your help
Alan

I am obviously missing out
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