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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (902)	6/5/1998 5:08:00 AM
From: Bill Wexler	Respond to of 4634

QNTM is now giving me the warm fuzzies... biz.yahoo.com I personally think this interview is a bit optimistic (!) since it is clear that inventory problems are severe. In this blurb, the most important statement was: <<For its first quarter ending June, Brown said Quantum was likely to turn in flat to slight lower results against its previous quarter.>> My guess is revenues will decrease between 5 and 10%. Slash and burn pricing will further erode margins. I say that they'll be lucky to walk away with a nickel a share loss. I think this is good for a 25 to 30% haircut before the earnings report...getting us to around 15 a share - at which point I'll re-evaluate.