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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: Mark Sanders who wrote (4257)10/21/1997 10:23:00 PM
From: junjun dator  Respond to of 9124
 
Really, a PE of 30??? That will be great. With trailing 12-months EPS of $2.38 (.43+.64+.69+.62) a PE of 30 gives a stock price of $71.4.
I'll take it.

*** OFF TOPIC ***
The CREAF thread is going ballistic, the company released their earnings after the close. Expectation was for .44, actual is .55 (plus a special gain, EPS is .74).

Interesting day ahead for these stocks.

GO QNTM and CREAF !!!



To: Mark Sanders who wrote (4257)10/22/1997 10:09:00 AM
From: Z Analyzer  Read Replies (1) | Respond to of 9124
 
<<Michael Brown stated that the analysts wanted to price Quantum at a P/E of 30 due to
the explosive growth of the DLT. His response, "Go ahead.">>
This quote is rather misleading. One of the questions to Michael Brown picked up my line about DLT at 30 times earnings being worth more than all of Quantum today. He asked whether Quantum might do something to increase DLT recognition (maybe he meant spin off DLT). Brown answered that it was up to the money managers to bid Quantum up to that valuation (or something to that effect). He did not metion anything about spinning off DLT as a possible solution.