QUANTUM Message Board - Msg: 8839341

STOCKTALK

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Technology Stocks : QUANTUM

QNTM 11.51

+47.0%

Nov 26 3:59 PM EST

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To: KevinThompson who wrote (8645)	4/11/1999 12:58:00 PM
From: TechMeister	Read Replies (2) of 9124

Regardin CPQ, I think most people were expecting the dissapointment anyway. The stock prices' drop from 51 to 31 should be a testament to that. The revenues are off only 3%, from 9.7Bil to 9.4Bil, which tells me the world is not falling apart. Secondly, I dont think QNTM is a big supplier to CPQ. Quantum's bread winners are HP, Apple among others. QNTM is most likely going to meet the numbers for this quarter. The stock is already depressed at 18. I dont see a whole lot of downward pressure. There will be some selling for sure on Monday, Hopefully not much lower from now! Tuesday's SEG numbers should bring in some much needed relief if they say the good things like healthy demand etc.

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