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: MYRON Z. who wrote (8296)	1/6/1999 11:51:00 AM
From: SamuraiSam	Read Replies (1) \| Respond to of 9124

This quarters results should give the sector a kick in the rear. Hopefully then Wall St. will recognize the value in the hard drive sector. SS

To: MYRON Z. who wrote (8296)	1/7/1999 10:31:00 AM
From: Toko	Read Replies (1) \| Respond to of 9124

Myron Z, Yes it has been quiet on this thread, but it is the "quiet period" before announcements of quarterly results in a few weeks, so no comments from the execs. I think many investors are gaining confidence that the HDD market conditions in '99 can only be better than '98, and all the HDD makers may come out with better than expected results. Meanwhile the huge waves of investment dollars flowing in and out of the equity market seem to be having the bigger effect on whether theses stocks are rising or falling in the short run. For Quantum it has already been said that there will be a one time write off due to Quantum's exit from the recording heads operation, but the good news is that it ends those losses from flowing into the bottom line every quarter. Profits from the other divisions can henceforth come through more robustly. I'm hoping for more positive movement leading up to the announcements. -TOKO