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


To: Emile Vidrine who wrote (5276)11/19/1997 3:02:00 PM
From: UpwardBound  Respond to of 9124
 
Emile,

That's a qualified yes, except for the (up to) 35M charge this quarter for restructuring of the high end business.

Isn't DLT more like 50% of profit, but something like 15% of revenue?
What a shame that Quantum's earnings announcement met/exceeded expectations and right when we should have seen a nice bump up, chicken little calls out the sky is falling! An eternal focus is essential in this uncertain environment.

--UpwardBound



To: Emile Vidrine who wrote (5276)11/19/1997 3:02:00 PM
From: Dale J.  Respond to of 9124
 
Emile: Good points, but the market just doesn't care. Dale



To: Emile Vidrine who wrote (5276)11/19/1997 3:26:00 PM
From: SeaViewer  Read Replies (1) | Respond to of 9124
 
Emile:

I think DLT contributed more 50% of the profit last quarter. The operating income last quarter from DLT was $100 million, with 30% operating income margin. The total operating income last quarter was about $190 million.

Jeff