Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sam who wrote (7532)	3/18/1998 3:11:00 AM
From: GR	Read Replies (4) \| Respond to of 9124

Major announcement(very positive)coming from QNTM.Could be -believe it or not,that they are an acquisition target and have accepted a $38.00 share offer.The first inkling was released by stockrumors.com a service i subscibe to.They have been very accurate in picking up the "street"rumor buzz.I have also heard that a positive major annoncement is coming but you wouldn't know it from the stock price. Many times i've seen these rumors take 2-4 weeks to pan out,so for now take it fwiw!!(hey if this turns out to be true all the other beatn down DD's should move markedly up.)I've stated for a while now that the street is valuing these billion dollar companies as if asia sales are zero!Loooks like i'm not the only one.

To: Sam who wrote (7532)	3/18/1998 11:03:00 AM
From: 18acastra	Read Replies (1) \| Respond to of 9124

Jabil conference call indicated Quatnum DLT was huge problem (w/out naming names) They said growth was up in all sectors (communications, pc's, etc.) except for storage, which was down 18% sequentially. Jabil's storage product is the DLT 7000. I think they are the sole source provider. Seems like a huge slowdown in DLT for Jabil. Given all of Quantum's earnings are from DLT, seems like they will have a big problem this Q/next Q. Intuitively makes sense to me as well, as indications are from everywhere (Compaq, etc.) that there is huge amount of inventory in the channel. Here is a post in from the Flextronics (FLEXF) thread (a contract manufacturer like Jabil) that references the Jabil/Quantum relationship and the severity of the problem: Paul my take on the jabil announcement is ,that they did'nt want to say that q #617, patroller, Mar 17 1998 11:30PM +Paul M. Klemencic (598 ) From: +patroller Tuesday, Mar 17 1998 11:30PM EST Reply # of 620 Paul my take on the jabil announcement is ,that they did'nt want to say that qnmt's dlt is slowing so much that their growth will be flat the next 2 quarter's ,so they tried to blame it on asia and spread the load as a favor to qntm ,however it look's like they have cause a uproar for tomorrow and for the sector,I think the sector is still stroug and jabil has a weak product on line due to higher than exspected inventory's for qntm ,jabil should be a heck of a good buy .jmho patroller My opinion.