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

To: Dale J. who wrote (5517)	11/21/1997 6:09:00 PM
From: still learning	Read Replies (1) \| Respond to of 9124

Original est, I believe were for $.79 this Qtr (see: quote.yahoo.com I subtracted the $.20 from the post below from Harley Morgan. That left $.59 for Dec qtr (assuming they hit estimates). Also, and without any attitude, can someone please look at my post #4826 and comment on the assumptions in it. I know I used 10X PE and some feel 15X is more appropriate, but I wanted to be at the conservative low-end of the traditional multiple range. I am open to redirections/comments/other opinions as long as they are fully explained and backed up. Here are the calculations for subtracting $2.0 from this Q: 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.