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


To: Z Analyzer who wrote (6080)12/4/1997 10:07:00 AM
From: Tsiknas  Read Replies (1) | Respond to of 9124
 
To all: Having watched this thread since Techmeister became a cheerleader, I have noticed that everyone talks about the stock price and what it will and won't do as if the purpose of the company's existance is to enhance the value of the stock. I have always been under the impression that the purpose of the company was to MAKE MONEY, and as a result the stock price will rise accordingly. This the company seems to be doing in earnest. I assume that the principals of the company are already reasonably wealthy based on their stock holdings, and whether the stock is at 20 or 40 they probably still can't spend all the proceeds in a lifetime if they were to cash out. Which brings me to the purpose of this post. Anyone concerned that QNTM doesn't pay a dividend? A little spending money every quarter would go a long way toward waiting out the b....ing opp.....ties. And for you new guys, if DDs were cars and Ford and GM were having a price war, losing money and having their stock price tank, don't you think Chrysler would also be getting creamed? Chill out and wait for better times. Quality will out.

Maxed out long QNTM.

Regards,
Tsik