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


To: still learning who wrote (6387)12/10/1997 5:30:00 PM
From: kash johal  Read Replies (2) | Respond to of 9124
 
The market doesn't give a f*** about earnings for last several quarters. They see .25-.35 with additional charges for current quarter and outlook for next 12 months is very unclear. I would not be surprised to see earnings revisions downward tomorrow for next 12 months. I do not know extent of charges for this quarter but let's say $0.10 that means $1 to $1.50 for next 12 months could be very reasonable.

In terms of 99 earnings I think no-one has a clue including the company. It could be $3.00 plus or it could be breakeven if DLT has problems ( technical, competitive, market) etc.

I would be very pleasantly surprised if we only drop to $20 tomorrow.

Best of luck to everyone.



To: still learning who wrote (6387)12/11/1997 7:22:00 AM
From: EWS  Respond to of 9124
 
Remember to adjust your earnings numbers for splits. Only the latest quarter reflects the current number of shares. The earnings for the previous three quarters must be divided by two to equate.