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Technology Stocks : QUANTUM
QNTM 9.380-4.7%Dec 12 9:30 AM EST
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To: Sam who wrote (7659)3/24/1998 9:19:00 PM
From: money man  Read Replies (1) of 9124
 
SAM,

You're absolutely right . A PE of 20 is nothing. Especially when their are rumors floating around. They can make $2.50-3.00 per share blind folded when conditions change. That's a 7-8.5 forward PE. If you value it at todays rate, it would be around 45-54.

If rumors pan out that's a different story. Could you imagine a QNTM-FUJITSU merger. That has great potential. Well anyway.....

REGARDS,

MONEY
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