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

To: William, III who wrote (6403)	12/10/1997 6:49:00 PM
From: space cadet	Read Replies (1) \| Respond to of 9124

You may be right. I listened to the conference call. I thought it was pretty gloomy and I think it will take real courage to invest in qntm till after the march quarter, which sounds flat with the dec quarter from what they were implying. After that who knows, but I think it may take a year or two to drive the maxtors and fujitsus out of the dd business. Until they are driven out, the pricing will be a big big question. All I can say with reasonable confidence is that until march qntm and the rest of the dd industry will be in a tailspin. The good news is qntm is the class of the industry and thus the last to fall, technically speaking. Now that it has fallen, it may take a while to recover but it probably is up long term. I think 15 is a safe entry point.

To: William, III who wrote (6403)	12/10/1997 7:10:00 PM
From: hui zhou	Read Replies (2) \| Respond to of 9124

I see Seagate decides to close down the Irish plan and cut 1,000 job should give a disk drive stocks a boost. It is all about the magic of demand and supply. We cut the supply now. Assume Asia recovers next year and Europe is strong, then the demand picks up, we could see higher pricing and translates higher EPS. It is funny to see the price movement of a commodity which is hard to predict. Just like corn or coffee, sometimes price is up, sometimes down. HDD price should not always that low we see now. So don't be too shortsighted. Someone said that it could see 15-16 at the end of week. I am wondering if we could go that low. WDC sees breakeven for the quarter and is still traded at 17-20. QNTM, which MADE 0.25-0.35 plus their DLT business, deserves to be traded higher. Lots of earning shorfall was already facted in the stock price IMO. If they made 0.65, they should at 40s' to be fair. 3Com has earning short fall about 30c(anticipated only made 0.01--0.04 for the Q)last week. It went down just a point or two. There is no comparison of QNTM and ORCL. ORCL's fundamental is worse a lot. They try to hide behind the Asia slow down and take them as a blame.