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

To: Gottfried who wrote (4578)	11/7/1997 9:14:00 PM
From: tech	Read Replies (1) \| Respond to of 9124

Hold tight, Gottfried, I bought 517 more shares of it today at 31 1/16, thought I had nabbed the low, but I was wrong. It's almost impossible to time the low just right. Tech

To: Gottfried who wrote (4578)	11/7/1997 9:36:00 PM
From: tech	Read Replies (3) \| Respond to of 9124

Gottfried and others, Motley Fool wrote me back. They agreed that they mistated when they linked Quantum with Seagate's troubles. I'm requesting a retraction of their statement. Tech

To: Gottfried who wrote (4578)	11/7/1997 9:52:00 PM
From: Z Analyzer	Read Replies (4) \| Respond to of 9124

Good News!! Amazingly, Quantum's IR today stated that the company remains very comfortable with the guidance they provided at the last conference call and that the situation is not as bad as portrayed by WDC except under 2 GB where pricing is brutal but QNTM does not participate. They still see healthy demand and are looking at the high end of the normal 5 to 8% range versus the double-digit declines WDC sees. Let's not forget that WDC is much more impacted by the low end and also is discontinuing their new recent 1.7 GB program in addition to experiencing "below historic yields" even on their established mainstay 1.3 GB/platter program. It's pretty damn unusual to see yields on an established product decline. In short, it looks as if the delayed transition to WDC finally caught up with them. There are plenty of company specific problems here and WDC would like to lay the blame on industry conditions. To play devils advocate, let me ask you why anyone would pay $23 for WDC's disk drive business when you can buy Quantum for $20 less than DLT tape alone is worth and get their entire industry leading disk drive business for free along with it? -Z