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

To: James L Wood who wrote (7053)	1/16/1998 10:14:00 AM
From: Gottfried	Respond to of 9124

Jim, thanks for the link! This is what makes me hang in there... >Unlike past profit slumps, however, there is no diminution in demand for the devices, which are used to store data in all types of computers. < By 2000 there will be 2 DDs sold for every box sold, according to forecasts. I can see why SEG is up with the cost cutting just announced, but I did not expect QNTM up today. :) GM

To: James L Wood who wrote (7053)	1/16/1998 11:36:00 AM
From: RFF	Respond to of 9124

James, Quantum management gave a wide spread of $.25-$.35 when it last gave guidance. Came in right in the middle. I'm actually suprised that the stock has had more of a bounce. Both SEG and WDC will only breakeven or maybe have a slight loss before their charges - they aren't making any money. QNTM is still making money, $47 million, before the charges and its trading at the same level as SEG. I'm was very suprised. Worst case company makes $1.80-$1.90 before charges for fiscal 1998 - that's a p/e of 10. Worst case going forward - earnings flat for the next 4 quarters - QNTM makes $1.20, which is only a p/e of 17 going forward. This stock is still undervalued - the market will soon come to its senses. Just my opinion. RFF