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


To: Dale J. who wrote (5491)11/21/1997 2:14:00 PM
From: ADITYA  Read Replies (2) | Respond to of 9124
 
Quantum Corp (QNTM) 27 13/16 -3/4: Disk drive maker plans to restructure
its hard disk drive business; expects to take a charge of approximately
$35 mln....

We are hosed up!!!!



To: Dale J. who wrote (5491)11/21/1997 3:34:00 PM
From: Dale J.  Read Replies (1) | Respond to of 9124
 
We stated out strong today. But Micron Electronics (MUEI), broght the tech sector down when they announced/pre-announced an earnings disappointment. MUEI is not a bellwether and should not have brought down the entire tech sector. DELL, CPQ, QNTM etc. all reversed course when the news broke.

FWIW: I orderd a PC from Micron and it took them forever to build, then after about 4 weeks they called and said it would be another week. I cancled the order and bought a DELL, I got it in about a week. (JMO) Micron is simply losing market share to DELL, IBM, CPQ, HP etc.



To: Dale J. who wrote (5491)11/21/1997 4:16:00 PM
From: Chi-X  Read Replies (4) | Respond to of 9124
 
Dale, the point is that I'm simply posting news. Before, it didn't matter if it was a rumored possibility. What matters now is that it's news. It hit Dow Jones. I'm just stating facts of what was previously just rumor and hearsay. Don't shoot the messenger.

Cheers,
Chi-X hath Spoken!

"There shall be no bouncing, before it's trouncing."