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

To: Sam who wrote (7801)	5/6/1998 11:06:00 AM
From: still learning	Read Replies (1) \| Respond to of 9124

Maybe the tide is turning early. The market fundamentals haven't changed that much, but at some point the psychology will change, and when it does we'll see a strong upward spike IMHO. I still think that won't happen till Summer, but as it's already May, we're getting quite close to that point. Question is, when do CY1999 #s and forward PE start to become the investment guage (and will they uptrend as expected)? It will take precious little evidence to convince the market that we are back on the road to recovery, but that road may not be without some significant dips and potholes as well. Net net: If QNTM hits 30 this month, I'll probably sell.

To: Sam who wrote (7801)	5/6/1998 12:06:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 9124

NEW YORK (Dow Jones)--Hambrecht & Quist Inc. upgraded two disk-drive stocks, Quantum Corp. (QNTM) and Seagate Technology Inc. (SEG), to buy from hold. H&Q analyst Todd Bakar set a 12-month price target of $35 a share for Seagate, which was recently trading at 28 3/8, up 1 5/16, or 4.6%. For Quantum, Baker set a 12-month price target of $32 a share. The stock was recently at 25 11/16, up 13/16, or 3.3%. Last week, H&Q upgraded another member of the embattled disk drive sector, Hutchinson Technology Inc. (HTCH), to buy from hold. (END) DOW JONES NEWS 05-06-98 11:42 AM