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

To: Rational who wrote (5146)	11/18/1997 6:26:00 PM
From: tech	Respond to of 9124

Is there such a business where nobody makes money? I see the storage sector is down big time, but take a look at STK, storage technology. Virtually unphased...because they haven't posted any announcements about lower than expected earnings....so why is Quantum punished so often? Tech

To: Rational who wrote (5146)	11/18/1997 6:31:00 PM
From: Dale J.	Respond to of 9124

<<Re: Did QNTM announce better than expected results in the last quarter, >> Yes. SEG was expected to report 37cts/shr and they reported 8cts/shr. WDC was already in turmoil and reported much lower than expected. Qntm however, reported last of the three, and beat estimates by 2ct/shr. DLT by all indications continues on at a torrid pace. They had a solid 3rd qtr and predicted a strong 4th even in the face of WDC and SEG's meltdown. But the market has gone looneybin. They will probably beat us up as bad as SEG. Dale