QUANTUM Message Board - Msg: 9259637

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Technology Stocks : QUANTUM

QNTM 6.280

-8.8%

3:11 PM EST

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To: Sam who wrote (8737)	5/1/1999 8:11:00 AM
From: Lutz Moeller	Read Replies (1) of 9124

briefing.com 14:06 ET Quantum Corp. (QNTM) 17 3/4 +1/4 (+1%): CIBC Oppenheimer upgrades disk drive maker from "buy" to "strong buy" based on arbitrage play on the upcoming split this summer of the stock into two instruments. Firm values tape storage stock at $25-$30 and disk drive business at $4 per share; sees upside of at least 50%.

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