Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Vanni Resta who wrote (5307)	11/19/1997 7:07:00 PM
From: Rational	Read Replies (1) \| Respond to of 9124

Vanni: Why for the minor downward revisions and a downgrade on a recommendation but for nothing like what happend to SEG, WDC, and their suppliers, was QNTM beaten harsher than SEG and WDC today and yestterday? Furthermore, QNTM beat the earnings estimates last month while its competitors could not meet the estimates. What's your gut feeling? How far you think QNTM may drop? I had thought SEG would drop to $15 and QNTM to $20, although QNTM did not announce yet any problem about meeting the earnings estimates. Thanks in advance. Sankar

To: Vanni Resta who wrote (5307)	11/19/1997 7:14:00 PM
From: still learning	Read Replies (1) \| Respond to of 9124

So it's a clean sweep. Is there anything you are bullish on right now? BTW this is not, nor is it intended to be flammable. I'm genuinely interested.

To: Vanni Resta who wrote (5307)	11/19/1997 8:28:00 PM
From: Dale J.	Respond to of 9124

<<Re: Just for the record. I'm not "bullish on QNTM.">> Vanni: I thought you were bullish because of some of the comments like the one below (from the SEG thread). Anyhow, if you are not bullish at least you are not bearish on qntm. My guess would be, and it is only a guess, that given the hugeness of the downward revisions, this is a lot more than just a minor problem that will go away in a quarter or two. But how can I say? Forced to predict, I would say these stocks (QNTM aside) won't go anywhere significant for three to six months, and may start to regroup during the summer or fall. The sector could be all patched up in 1999, and then WDC and SEG could move into the 30s or even higher. Anyone cutting and pasting this out six months from now to show how stupid I am please include this: this is only a guess since there are too many variables that are hard to predict. For now, though, stay away from these stocks, other than QNTM.Sell 'em if you have 'em, take your losses and put you money to better use elsewhere