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


To: wallstreetbull who wrote (6179)12/6/1997 11:18:00 AM
From: John A. Shaffer  Read Replies (3) | Respond to of 9124
 
Lehman cut QNTM's earnings estimates for 3Q to 45 cents from 69 cents and 4Q to 60 cents from 75 cents. OUCH! Their stated reason was concerns surrounding the desktop margin environment. They kept the rating on the stock
at 1 and the target at $43. Funny the company hasn't pre-announced if things are really that bad.

Regards
John