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

To: William T. Katz who wrote (4874)11/12/1997 3:48:00 PM
From: SeaViewer  Read Replies (1) | Respond to of 9124
 
The company has $1 billion in cash last quarter. They should buy 5 -8 million share back at this ridiculous price. It would stablize the sharehold's confidence and boost earning per share next quarter. SEG hold very well these two days, I guess they are buying back shares.

Jeff



To: William T. Katz who wrote (4874)11/12/1997 3:49:00 PM
From: Dale J.  Read Replies (1) | Respond to of 9124
 
I agree. They stepped in last time, and also kept the analysts well informed. qntm's mgmt has had a good track record of getting out information. They must be talking to the analysts or we would have seen downgrades by now. Things must be ok. But the fear in the dd industry is reaching a frenzy. The facts don't matter, qntm is deemed guilty by association. This is dreadful.


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