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

To: Z Analyzer who wrote (6856)	12/23/1997 9:33:00 AM
From: Stitch	Read Replies (1) \| Respond to of 9124

I am still reading along Z. I guess I have been clear that I am looking for the time to buy. I still think that will be a while. Happy Holidays! Stitch

To: Z Analyzer who wrote (6856)	12/23/1997 10:03:00 AM
From: Patrick Hebert	Read Replies (1) \| Respond to of 9124

Z Analyser..... still reading but nothing positive to say..... Happy Holidays to all and a MUCH better New Year!!! patrick

To: Z Analyzer who wrote (6856)	12/23/1997 10:42:00 AM
From: DenverTechie	Respond to of 9124

Z... still here, still own. Check price every few days...then remember I took some profits back around 40 and feel better...held half my position then and watched lots of profits evaporate over the course of a few weeks...don't think much will happen before next year...think good potential for low 30s by mid next year...excuse message format...kids make dad watch video George of the Jungle 3 days straight over weekend over and over and....

To: Z Analyzer who wrote (6856)	12/23/1997 11:01:00 AM
From: LK2	Respond to of 9124

Z, I've really appreciated your postings on disk drive stocks. Buying this sector was a learning experience. Very expensive. And I'm not sure what I was supposed to have learned. But I sure hope I learned something from this disaster. Happy holidays to everyone on these threads. And may the new year bring prosperity to all of us.

To: Z Analyzer who wrote (6856)	12/23/1997 11:09:00 AM
From: Sam	Read Replies (2) \| Respond to of 9124

Z and all, I'm still here. Battered, but far from out. In fact, am further in, will do some more buying either if QNTM goes down to 15-16 (I don't expect it, but just in case.... I didn't expect 19 either) or after SEG reports. I think QNTM management was just being overly conservative in and after the CC when lowering DLT growth expectations. People don't get sued for being overly cautious (Novel riskfree idea: "Hey, you guys said it was only going to be 20% growth, not 40%; I would have bought more if I'd have known that! Look at all the money I lost. Let's have a class action for everyone who thought about buying between Dec. 10 and Jan 20, but didn't because of this egregiously misleading public comment!"). Undoubtedly there are some transition issues, and some of the growth from last quarter was borrowed from this one. That is, they apparently misjudged the greater media demand then, and at first thought it might continue, but it obviously won't. So average the two quarters together, you still come out with pretty good growth. Plus some fallout from Asia. Creats some uncertainty about future growth, to be sure. However, Europe, it seems, may be coming to life in tech sales. So will Y2K stuff; people will be running redundant systems soon as they set up and test their fixes. They need to backup both systems. DLT7000 will, I would guess, be the machine of choice for that. I don't see server sales growth at 20% yet, closer to 40% seems more likely to me, from what I have read (although the Asian wild card always looms mysteriuosly in the background). I would also wonder about WDC being able to compete effectively both in desktop and enterprise with their MR transition isssues. They have a history of being pretty focussed, and if I were them, I would focus first on defending my share on the desktop, then later on move more aggressively to enterprise. Put it all together, and even the bulls are on a buyers strike until the next few months gets a little more clear. But I don't think Fujitsu is suicidal, and I don't think Samsung or Hyundai will have the financial wherewithal to be major factors in the drive sector for at least a few years, if ever. The major worry would be IBM, but they want to make money too. This whole thing (he said in a barely perceptible whisper) is way, way overblown, and a great (dare I say it? nah, I'll let you guess the next words. but they begin with "B" and "O") .... Have a fun holiday (don't total up your portfolio, and especially don't compare it to last September, 3 short months ago!) and a Great New Year. Best wishes, Sam

To: Z Analyzer who wrote (6856)	12/23/1997 12:50:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 9124

It looks like the Asian situation is unravelling as one might expect: lots of bankruptcies and further turmoil before things improve. This may continue to be unsettling to the markets in the weeks to come. Once the institutional investors get back in the game after their vacation it will be interesting to see which way the market turns. In something like 17 out of the past 20 years the market has been up around the holiday season - I guess spirits rise enough to take the market with it (either that or investors are hitting the puch too much. When the market has failed to rally even modestly during this period it has not done well in the following quarter. On the other side of the coin, the US and European economies are doing well, with low inflation and sustainable growth rates. Commodity prices are at the lowest inflation adjusted level in 11 years. And the prospects for level or lower prices in the coming months looks promising. However, while this "dis-inflation" will hold down interest rates that can compete with equity markets and will help to keep sales robust, it will narrow profit margins for many US and foreign companies, including HDD mfgs. The HDD cos. have more to worry about, the Asian picture is number 2 or 4 on their list of concerns according to the CEO of WDC. The rapid errosion in HDD prices has not abated and inventory levels appear to be remaining higher than is neccessary to stabilize prices or drive them up. PC and add-on sales are the big unknown at this point. Some retailers are reporting less than expected sales and reports from the much larger and more important business segment are not yet in to my knowledge. If PC related sales are good, this could signal a shortening of the problem and an upturn in the HDD stocks. If these sales are poor, the HDD sector could continue a slide down IMO.