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

To: Rational who wrote (5120)	11/18/1997 4:40:00 PM
From: Dale J.	Respond to of 9124

Sankar: Thanks for the info. I think you are right. The only other explanation could be the analysts meeting at comdex. You wouldn't think qntm would use comdex to reveal any bad news, but something seemed to have moved the stock. But like you say it could be just a panic. Fear breads fear. Dale

To: Rational who wrote (5120)	11/18/1997 4:42:00 PM
From: Emile Vidrine	Read Replies (1) \| Respond to of 9124

Qntm opened at 28 3/4, down 1+ this morning before the analyst meeting. It fell an additional dollar right at the end of the day. IMO, this was just good trading for the Bulls and bad trading for the bears. We now own Qntm at 27+ with anticiaptaion of approx. $3.01 earnings for 97 and $3.71 for 98--PE of 9 for 97 and a forward PE of 7.2 ---not bad. This even gives us some room for downward revisions and still hold a very, very good valuation. Even if earnings were adjusted down a few cents, it would still be a good buy. Please don't make decisions on my calculations. These are fast calcualtion make from Yahoo data. Earnings for 97--$3.01 These earnings are mostly already achieved. Earnings for 98--$3.71 projected.