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Technology Stocks : QUANTUM
QNTM 7.385-4.0%Nov 14 9:30 AM EST

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To: john dodson who wrote (8543)3/2/1999 11:52:00 PM
From: A. Edwards  Read Replies (2) of 9124
 
Quantum Expects 1999 Disk-Drive Growth, CEO Brown Tells CNBC

March 2 (Bloomberg) - Quantum Corp. expects to see growth in the disk-drive business this year, Quantum Chief Executive Michael Brown said on financial news network CNBC. Brown said that although last year was a ''particularly tough year'' for disk-drive makers, Quantum expects the December quarter to be strong. ''After a very strong December, we would typically see a seasonal decline in units in March, and we're actually seeing flat units in March - it's a sign of strength in the market,'' Brown told CNBC.
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