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Technology Stocks : QUANTUM
QNTM 8.540-1.3%3:58 PM EST
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To: Sam who wrote (8820)5/11/1999 10:29:00 AM
From: Frodo Baxter  Read Replies (1) of 9124
 
When I say overpay, I mean in terms of financial ratios. It's more than a reasonable price for the first mover advantage, IMHO.

>Have to hear whether there is a cap on the price QNTM will pay or not.

Cap is 14-20 QNTM. So upside is 9.78. I would buy in the low 7s.
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