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


To: Dale J. who wrote (4576)11/7/1997 8:49:00 PM
From: Emile Vidrine  Read Replies (1) | Respond to of 9124
 
" Otherwise I think the street will have a
"show me the money" attitude "

Dale, don't you think 103.8 million in profits and 1.554 billion in sales is 'showing them the money'? Qntm has a PE of approx. 11.9 and growing at over 20% per year with many new products. With the deployment of ADSL(broadband communication making possible video on demand and streaming video conferencing) taking place as we speak and with full deployment in 98, the Bigfoot line of 4,6,8 and 12 Gigs hard drives will sell like hot cakes in 98, IMO. It will require a lot of storage to download movies to your computer and store them until you watch them. The DLT business grew by over 100% and is accelerating as we speak. Qntm is a diversified company but the news people have lumped them as an exclusive DD company. It's an excellent move for those who want to get in at a great price.

emile