SI
SI
discoversearch

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: scott harrison who wrote (5440)11/20/1997 8:25:00 PM
From: Platter  Respond to of 9124
 
QUANTUM CORP shares rose more than 12% on confidence that the company would be less volitile than its peers in the increasingly competitive disk drive market. "Quantum stock has been slaughtered for the last week or two and people have probably figured out that this is the company which is least likely to be hurt in what is clearly a downturn in the industry," said analyst John Rossi of BancAmerica Robertson Stephens. Quantum is less reliant on cheaper disk drives where there is intense price pressure, it has an extrememly profitable high-end tape storage business and has completed the transition to magneto-resitive head technology. (Reuters 01:40 PM ET 11/20/97)



To: scott harrison who wrote (5440)11/20/1997 8:33:00 PM
From: Rational  Read Replies (1) | Respond to of 9124
 
Scott:

It shows that some more players will be out of the competition soon. Seagate with unusually strong resources is determined to dump and punish WDC. One of them can be under severe pressure. QNTM may sell its disk-drive business or some parts of it to SEG. I have a feeling that SEG and WDC will suffer a lot.

Sankar