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


To: space cadet who wrote (5149)11/18/1997 7:03:00 PM
From: Dale J.  Respond to of 9124
 
Space Cadet: You didn't answer my post last time and you probably won't answer this one. Did you read the Lehman's report? DLT alone is worth more than $40/shr. As Tech pointed out they have a slue of new NFR products coming out in the next month or so. The reason qntm hasn't said anything might be because while there is uncertainty in the market, maybe nothing has really changed for qntm. Maybe they don't feel compelled to say something everytime WDC and SEG complains of pain. You think I'm being silly. Maybe, but understand. While it's true nobody escapes a price war, you have to remember SEG was already in dire straights (8cts/shr) and WDC was already feeling the heat when Qntm reported last qtr's earnings.

There is no point in speculating. If you believe qntm isn't worth it go ahead and sell (or did you already sell short). As for me, I am going to hold until I see factual news about qntm that changes my mind. We may get beat up tomorrow, but I still think its overdone.

Dale