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


To: kash johal who wrote (6385)12/10/1997 5:16:00 PM
From: Gottfried  Read Replies (1) | Respond to of 9124
 
Kash, after hours at 17:00 QNTM sells for 23 13/16...

quote.com

GM



To: kash johal who wrote (6385)12/10/1997 5:21:00 PM
From: still learning  Read Replies (2) | Respond to of 9124
 
I don't know how you got those numbers. Out of thin air???

Let's see, they've already posted $1.40 and they estimate this quarter at .25-35, so that gives us minimum of $1.65, and Q4 estimates (before any revisions) stand at about .70, so let's cut that in half and call it $2.00 for the year (down from $2.94 current est.)

We can argure about appropriate PE, especially in this climate, but taking 10X trailing would be about right historically, and 12-13 woulb probably bound the high-end near term, leaving us at $24-26. $20 sounds possible, but not much lower.

If/when we start looking at FY99 the estimates will drive everything.