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


To: Sam who wrote (7659)3/24/1998 9:19:00 PM
From: money man  Read Replies (1) | Respond to of 9124
 
SAM,

You're absolutely right . A PE of 20 is nothing. Especially when their are rumors floating around. They can make $2.50-3.00 per share blind folded when conditions change. That's a 7-8.5 forward PE. If you value it at todays rate, it would be around 45-54.

If rumors pan out that's a different story. Could you imagine a QNTM-FUJITSU merger. That has great potential. Well anyway.....

REGARDS,

MONEY



To: Sam who wrote (7659)3/25/1998 10:42:00 AM
From: UpwardBound  Read Replies (1) | Respond to of 9124
 
Sam,

Is it possible that there is a population of fund managers who are now accumulating on bad news?

--UpwardBound