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


To: Rational who wrote (6428)12/10/1997 8:26:00 PM
From: james  Respond to of 9124
 
<<<I am not saying there will be no panic selling tomorrow.>>> I just bought this morning $23 5/8. Am I going to sell tomorrow at $18-19? NO WAY!!!!!!! I made my picks, if they go down, they go down. No sweat!



To: Rational who wrote (6428)12/10/1997 10:06:00 PM
From: kash johal  Read Replies (1) | Respond to of 9124
 
I think you have made some excellent points here, it's just that the conclusion may be off a little.

Just as valid a conclusion would be that WDC is overvalued and will likely have a real of $5-10 within 3-6 months, particularly if they start losing money as opposed to breakeven.

So if DLT is worth $12 then real value (short term) of quantum is worth $17-22.

If DLT contiues OK in Q1 98 and DD business brekeven Quantum will trade in $20-30 range IMHO.

If DD business makes money then Quantum will trade over $30 however if DD business starts to lose money we will be in $10-20 range.

Quantum is still the best of the bunch, the only question is wether we have seen the worst or not.

Just my analysis