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


To: still learning who wrote (5668)11/26/1997 6:28:00 AM
From: Alan Hume  Respond to of 9124
 
Hi Stills

"QNTM needs to see 2 things, First some strength from WD and SEG is v. impt."

OK but I would regard that as being a Band-Aid at best.
The 12 months prior to September thee DD sector kept its nose clean, maintained market price stability, met their earnings forcasts and went some way to regaining some respectability with WS. The PE's and prices went up accordingly.
What's happened since September is well known. SEG (in particular) and WD were the main perpetrators.
No, what I hope will be the begining of the end of this dillema for QNTM will occur with the next earnings report, when, if my calculations are correct, DLT earnings will exceed those of DD.
WE HAVE to loose this DD dog collar to gain market respectability,
and only market respectability is going to gain us a higher PE
POint 2 I agree with you

Regards
Alan