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Technology Stocks : Network Appliance

NTAP 106.81

-2.4%

3:59 PM EST

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To: DownSouth who wrote (709)	3/2/1999 3:41:00 PM
From: Beltropolis Boy	Read Replies (2) of 10934

>>Quantum has decided to compete with its customers? well, tell that to mr. market who popped QNTM up almost 20% yesterday. and it was enough to garner michael brown a 'coveted' spot on squawk box this a.m. <vbg> the way i read it, QNTM is looking at the niche between their cheap tape drives and more expensive storage platters. apparently, some of their customers have been asking for such a medium, but i don't take them to be the traditional disk-drive PC manufacturers that come to mind. who knows if they'll be successful, but it's a good strategic move. they've faced significant competition from IBM on the high end, while maxtor (and seagate, of course) have increased their share at the PC level.

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