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Technology Stocks : QUANTUM
QNTM 9.940-0.6%Dec 5 9:30 AM EST
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To: TechMeister who wrote (8600)4/2/1999 10:30:00 AM
From: Toko  Read Replies (2) of 9124
 
Hi Tech,

No heads ops in the March quarter financials. You're right, that is effectively a boost for the QNTM bottom line.

They took the worst case write-off for discontinuation. Even if disposition of the Shrewsbury is not finalized, Management says there would not be any further charges. I saw Storage Tek announce they had taken over the Louisville, CO fab from Quantum.

Hoping for some good news, even though some suppliers in the market have pre-announced that their results will be below expectations.

TOKO
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