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

To: still learning who wrote (6333)	12/10/1997 9:06:00 AM
From: Harley Morgan	Read Replies (2) \| Respond to of 9124

As stated previously - this is ripe territory for the shorts. Bad news in the tech sector, beaten down DD sector & no comment from Quantum management. If Oracle can surprise the Analysts (note 28 following Oracle according to Zacks), what can the investors expect from the situation on Quantum. IHMO the stock will remain depressed until a postive statement is made by management. If no messages and more tech sector bad news then the stock will retest the lows. I'm not happy with the amount of volume we are seeing at these levels that appears to be churning the stock. I'm still of the opinion that short interest is playing this one on no news. Of course, short interest will be published in the coming week and we will see the magnitudes.

To: still learning who wrote (6333)	12/10/1997 12:04:00 PM
From: Rob S.	Read Replies (3) \| Respond to of 9124

I agree that the main thing is the outlook for sales and earnings. Noone can dispute that desktop HDD prices have come down dramatically and it's still not know how much that will impact Quantum. I think the recent earnings revisions have probably cut too deep but the fear is still out there. The DLT business is solid and should contribute 50%-60% of earnings this quarter and next. And overall DD sales will be very strong, particularly for mid to high end drives. The low end drives are swamped with overcapacity and obsolete product that is being discounted. WDC, despite what they say about holding back production ramps is burdened by excess inventory. The situation looks like it will remain cloudy until the company issues statements or releases earnings for this quarter. The earnings release is still well into January. Quantum will probably stay in a range until near or after the earnings release.