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


To: John A. Shaffer who wrote (6569)12/11/1997 3:02:00 PM
From: Rational  Read Replies (1) | Respond to of 9124
 
Also do not forget that repeated pre-announcements are not the QNTM style. I think everyone should give them high marks for telling us only when they knew facts for sure, although it unduly hurt the longs a lot; it turned out to be a bad timing. The last time, I think, they gave an indication of earnings before announcement and beat that estimate at the time of actual announcement. Thus, they may show earnings of, say, 37 cents!! Good luck with your position, though.

Sankar



To: John A. Shaffer who wrote (6569)12/11/1997 3:15:00 PM
From: still learning  Read Replies (1) | Respond to of 9124
 
I would be VERRY surprised if QNTM, with a conservative management and a history of not making mistakes, waited this long only to be wrong. I'll bet you my paper losses they don't have another announcment ;-).

Beside, we are only 2.5 weeks away from quarter's close. Visibility must be much higher, whereas WDC and SEG made their announcements mid-Q.



To: John A. Shaffer who wrote (6569)12/11/1997 3:21:00 PM
From: Webb B Blackman Jr  Read Replies (1) | Respond to of 9124
 
A word of caution
John,
A good point, but what is your statement based on? Fact or feeling?

--- webb ---