QUANTUM Message Board - Msg: 3143417

STOCKTALK

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Technology Stocks : QUANTUM

QNTM 9.380

-12.3%

Dec 23 3:59 PM EST

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To: Stitch who wrote (6984)	1/11/1998 2:18:00 PM
From: wayne nikituk	Read Replies (5) of 9124

I believe the oversupply/margin pressures are greater than any booster on this thread understands....I think you will have to wait two to three years to see a recovery even close back to $30....write off your investment, it is dead money to 2001. (Look at Cyrix chart for a true horror story and glimmer of things to come in this sector) Expect to see this stock hit $10 to $12.(earnings of $1 in 99, tops)...and expect to see a few of the players (APM) go broke. Then we've hit a bottom..once supply starts to dry up. For now, earnings growth in this sector is negative. I don't believe DLT will grow as fast as everyone here has been predicting--but perhaps it will keep the company from going broke..How long can a disk drive company go on making products for zero profit margin?

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