QUANTUM Message Board - Msg: 9525999

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : QUANTUM

QNTM 8.980

+4.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frodo Baxter who wrote (8857)	5/14/1999 8:46:00 AM
From: Z Analyzer	of 9124

<< There's about 20% upside left, which isn't bad for a few months work.>> Not bad. It was described as a definitive deal but they did mention several contingencies-Meridian shareholder approval, antitrust approval and closing conditions. No apparant problems here. Judging by the enthusiasm of QNTM and the small size of the deal, this deal seems highly likely. I imagine the arbs aren't all over it due to a concern that QNTM could drop below a breakeven point of $16.35, something we would regard as quite unlikely esp with the tracking stock coming. Alot of QNTM cheerleading going on here. Starting to look like the old story of confusing brains with a bull market. This market has easily recovered enough from the tech sell-off of March to get nasty again this summer. When QNTM was 18, I figured $26 would be a nice target for when tracking stock went into effect, giving a return of nearly 50%. Its now realized half that gain, adding a little risk to its price level. -Z

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next