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Technology Stocks : QUANTUM
QNTM 9.380-12.3%3:59 PM EST

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To: wayne nikituk who wrote (6985)1/13/1998 11:28:00 AM
From: Alan Hume  Read Replies (1) of 9124
 
"Expect to see this stock hit $10 to $12.(earnings of $1 in 99, tops)."

Wayne,
I see no reason for your pessimism. Sure the situation looks grim, but there are some plus points ontheir way:
Windows 98 will be released this year, and this will require an awful lot of hard disk space. I predict that 3,2gig will be the minimum box spec by the end of the year.
The HK$ will be devalued soon, alomg with the RMB. This together with a new government in Indonesia will see a soon end to the Asian crisis
Lastly QNTM does not loose a cent manufacturing HD's, as they don't make them themselves as any reader of this thread is well aware.
Why should demand for DLT slow down??

Alan
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