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

To: Z Analyzer who wrote (5823)	12/2/1997 12:01:00 AM
From: Rob S.	Respond to of 9124

Trouble is that I already own more QNTM than probably makes good sense. I would be a buyer of quantum now if I sold some other stocks to free up more money. I'd also like to hear something from Quantum about if they are effected that much by the price compeition and Asian "crisis". By the way, I think that the Asian "crisis" is mostly over because the media industry is finding it has lost it's shock value. Time for them to create another crisis to help pump up their ratings on the evening news. Funny how few newsprograms mentioned that the impact on the US was expected to be about a net 0.5% negative on next year's growth figure. that is probably more positive than negative; the slight reduction in GDP growth will help to hold down inflation caused by a tightening labor market. Another factor that will help with inflation is that a huge amount of imported parts and finished products from Asian countries will be reduced by as much as 1/3 due to devaluation of their currencies. That produces a bonaza for American (and Canadian) consumers while holding down domestic price increases. obviously some companies which have a large percentage of their sales in Asia will be negatively effected - particularly for heavy construction equipment and some capital equipment and related industries. I read today that PC growth in Asia for the most recent period was just reported to be up 18% over last year. This is a bit of a reduction from earlier quarters but still very healthy growth. Collapse in Asia? Maybe in construction, real-estate and some localized economies, but overall they still have a bright outlook. Some more "bad news" can be expected to come out about institution and company backruptcies and the like, but this should be considered "noise" against the backdrop of an otherwise OK situation. We may also get scenes in the coming months of worker riots in S. Korea if the govenment pushes thru pension and the end to life-time employment rules as expected. The media will hype the heck out of this but it should be considered a necessary part of economic reforms.