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


To: Dale J. who wrote (6204)12/7/1997 11:16:00 AM
From: William T. Katz  Read Replies (2) | Respond to of 9124
 
RE: Company information normally given first to analysts.

Dale,

I totally agree. I can't think of a really good reason why this information has to be "filtered" through analysts when we have the technology to allow broad dissemination instantly through the web.

Analysts have some limited use to me personally, but after seeing how they'll call a HOLD the day AFTER warnings but post STRONG BUY 3 weeks before warnings, I just want equal access to information.

If you want to draft up some proposal, I'll put my voting shares behind it. I don't think the total # of SI investors have a significant % of QNTM shares, but we could start an avalanche by getting the press to use it as their story of the day.

Time to start putting cracks in the ol' boy network. The majority(?) of money invested in the US stock market is by the little guy, mostly in funds though. As the independent investor movement gains power through cheap on-line brokerages like E*Trade, Datek, etc., perhaps we can force some changes in this obviously unfair setup.

-Bill



To: Dale J. who wrote (6204)12/7/1997 10:27:00 PM
From: Z Analyzer  Read Replies (3) | Respond to of 9124
 
<<Analysts that may or may not
judge us worthy of the information.>>
They surely judge you as not worthy of it if you are not a client of their firm. If you are, you get only bits and pieces and at whatever time they decide to get around to conveying it, if at all. Incredibly, one of the most influential analysts to follow Quantum has not bothered to issue an update following the last analyst's meeting at Comdex, where material information was conveyed because, as my broker tells it, "everyone already knows how he feels about the disk drive industry". Between this outragous example and the inane downgrade of all remaining disk drive stocks by H & Q, Quantum management should be awakened to the pathetic,incomplete and cavalier coverage provided by analysts. Additionally, managements need to recognize that many people no longer have any brokerage relationship other than a discount broker or a firm which does not provide coverage. With the advances of the internet, the day is not far off when all material info is required to be available to all. A progressive company, concerned about its shareholders, and especially one in the computer industry would do well be on the leading edge of this inevitable trend.