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Technology Stocks : QUANTUM
QNTM 7.010+0.7%Jan 16 3:59 PM EST
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To: Stephen O'Hara who wrote (8448)2/11/1999 11:00:00 PM
From: john dodson  Read Replies (2) of 9124
 
Re: "Translation: "Everyone knows that we have all this cash on hand, but we don't believe enough in our company or our MGT skills to have a banner year and surely reach a new all time high, so at this point we feel like we're not worth it."

Another interpretation is that there are better uses for the cash than simply shrinking the assets of the company by buying back shares. Maybe QNTM can get a higher rate of return in their core business while growing assets.

Just another view,

John Dodson
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