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

To: john p. carney who wrote (5505)	11/21/1997 4:57:00 PM
From: Tsiknas	Respond to of 9124

Sounds like the number is $40M (35 + 5), actually. Tsik

To: john p. carney who wrote (5505)	11/21/1997 5:11:00 PM
From: Harley Morgan	Read Replies (2) \| Respond to of 9124

Everybody's Right - $50M before tax/$35M after tax. According to 9/97 quarter end report: Taxes 36,463/IBT 140,241 = 0.26 Tax Rate Also $35M charge/172M shares = 0.20 charge This just about equals the writedown by GRUNTAL SAYS CUTS QUANTUM 1998 EPS ESTIMATE TO $2.51 FROM $2.70 (Reuters 11/19/97). Hopefully this is all we need to expect. By the way Zacks is carrying FY98 at $3.01 avg. before the latest charge was revealed either way this should be at least a 15x earnings canidate - 15 x 2.51 = $37.65. We can only hope - Right!