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Technology Stocks : QUANTUM
QNTM 7.690-16.5%Dec 15 3:59 PM EST

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To: Carmine Cammarosano who wrote (7221)2/2/1998 10:50:00 AM
From: Z Analyzer  Read Replies (1) of 9124
 
<<Does anyone know why the outstanding shares have gone down? 172 million last
quarter down to 135 million this quarter(Dec)...>>
Actually, to give a serious answer, I believe that the diluted share count is not used when it would result in a reduction of a LOSS per share. There were no changes in outstanding shares or the convertible debt issues last qtr. To arrive at Quantum's profit excluding charges, the share count used was 167.5 million.
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