QUANTUM Message Board - Msg: 3117538

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Technology Stocks : QUANTUM

QNTM 8.290

-4.9%

Dec 26 3:58 PM EST

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To: Gottfried who wrote (6952)	1/7/1998 7:19:00 PM
From: Z Analyzer	Read Replies (1) of 9124

Difficult to imagine Seagate's revenues dropping from $2.4 mil a year ago to $1.9 mil in Sept to $1.65 mil this quarter in an industry thats supposed to grow 20% annually. Hard at this point to see what the catalyst for industry improvement will be or how long it will take but surely the pain is there. All the other drive companies are starting to make Quantum look very good in comparison. Now if they can just stop the bleeding in the high end and heads businesses.

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