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

To: RealMuLan who wrote (7658)	3/24/1998 1:54:00 PM
From: Sam	Read Replies (2) \| Respond to of 9124

"Then even if $20/share gives a P/E of over 18, which is significantly higher than DD sector deserves. So maybe this stock still is a short candidate, just IMO." Yeah, if that $1.09 was peak earnings, it might be a short candidate. But it isn't even close to their earnings power. A PE of 20 on depressed earnings is not high, even for a drive stock.

To: RealMuLan who wrote (7658)	3/24/1998 2:25:00 PM
From: fred woodall	Respond to of 9124

937k Block traded at the bid (21.0)

To: RealMuLan who wrote (7658)	3/25/1998 12:30:00 AM
From: RealMuLan	Respond to of 9124

I got this from APM thread. To: +Dumar Grey (11565 ) From: +Larry Kuznets Tuesday, Mar 24 1998 4:07PM EST Reply # of 11596 When people report what was said on CNBC or whatever, sometimes the facts are interpreted slightly. I've seen at least a couple of posts that attribute today's rise in the disk drive sector stocks to remarks QNTM's CEO made on CNBC this morning. Most of us are grasping for some logical explanation for today's upward prices, especially because we were expecting the sector to get slammed because of the after-market-hours earnings warning by QNTM yesterday. But I saw Brown of QNTM being interviewed on CNBC this morning. The interview was brief, lasting a few minutes. And Brown did not say, as some people have quoted him, that >>a bottom in the DD industry will be found soon, and that this will be fueled by consolidation.<< What Brown said was, that there was much more consolidation in the industry (fewer players) now than even a few years ago, and this allowed QNTM to have better visibility of its markets. And Brown also said, some of these inventory correction downturns (my words) take 3 quarters to work themselves out, and the inventory problem has, so far, lasted a little over 1 quarter. Brown also said that DLT sales growth had slowed from 100% to 70%. ----------------------- I don't understand how QNTM is currently experiencing 70% DLT growth, because I thought there was an inventory problem with DLT, and the current DLT growth was way below 70%, but maybe Brown was using some basis for measuring growth that is not directly based on current sales. Regards, Larry Maybe TBowl or Lawrence Kam could point out any errors I've made in this post.