That's all I have on the QNTM part. Here's the paragraph it was pulled out of:
Warning, warning, whosa gotta a warning? With Intel
preannouncing, anything is possible in Sillycon Valley.
Checked with one hedge fund manager (whose name'll never
see the light of day) and his wish list of possible
preannouncements includes: Compaq, the result of falling
prices and a possibly stuffed channel; Digital Equipment
(DEC:NYSE), because of sales weak in anticipation of its
Compaq merger (and the little hint we got Tuesday from the
earnings warning from Pioneer Standard (PIOS:Nasdaq),
whose biggest customer is DEC; Bay Networks
(BAY:NYSE), which suffers from low switch pricing and a
longer sales cycle than it had hoped on one of its products;
networker Olicom, which has been talking about a weak
start to its quarter; Adobe (ADBE:Nasdaq), which has been
talking down its numbers, and Quantum (QNTM:Nasdaq),
which is seeing returns of its DLT 7000 tape drives, a key
segment of its biz.
I picked this up on the BAY thread from SI. I don't have a subscription to TheStreet.com (Think that's the Cramer site referenced). There is a free two week offer if anyone wants to bother. |
