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


To: Rational who wrote (5130)11/18/1997 5:23:00 PM
From: Emile Vidrine  Respond to of 9124
 
Sankar, exactly how does this impact Qntm? Will this compete with any Qntm product?

Emile



To: Rational who wrote (5130)11/18/1997 5:24:00 PM
From: William T. Katz  Read Replies (1) | Respond to of 9124
 
Sankar, the Ditto really is in an entirely different realm than products QNTM provides. The DLT is more mid-level in terms of $$ and greatly exceeds Ditto in practically all areas (transfer speed, capacity, cost, reusability, reliability, etc). If anything, NFR developments might put QNTM in this field come early 98 but it will squash the Ditto and Jaz in my opinion.

I had sold 1/2 of my QNTM at 30 yesterday, and like an idiot bought back today at 28 5/8 then 27 9/16. There are two ways this market goes: (1) Up if Korea announces stabilization package and does OK tonight <or> US decouples and trades on fundamentals, (2) Down if continued jitters from Asia interfere, esp. in bond market.

I'm really hoping #1 occurs since I'm now 100% long the market. But knowing my luck, we will be looking at a limit-locked S&P futures tommorrow :)