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

To: Eric who wrote (8344)	1/20/1999 6:18:00 PM
From: Chris Abellera	Read Replies (1) \| Respond to of 9124

We're a movin' on up! I'm looking for a gap up tomorrow at 30-32. Anyone know the after hours trading numbers? -Chris

To: Eric who wrote (8344)	1/20/1999 6:22:00 PM
From: greenboy	Respond to of 9124

okay, so i was close with .30 - let's hope the street likes it looking forward. greenie

To: Eric who wrote (8344)	1/20/1999 7:16:00 PM
From: Hectorite	Read Replies (1) \| Respond to of 9124

Notes from qntm conf call. I took a couple calls during it, so don't blame me if some of this is twisted! Tone was upbeat (of course), but I wish I was in SEG instead! 3rd Q revenue 1.3B 51M net EPS .29 excluding charges. Record DLT revenue. Non-hard drive (DLT&ATL) rev 28% of total. Inventory turns 17+ (annualized). Large charges 90M(?) ATL acquisition + 101M joint venture discontinue = big net loss. 50/50 domestic/international Europe strong, Asia flat. Desktops: Up 12% sequentially units, 11% rev Marginally profitable Said "significant" improvement in margins (How much? Didn't say, obviously still tiny) Price declines slowing (thank god) OEMs happy with qntm quality, failure rate down 50% in some cases. (they didn't say on absolute basis) Dominant position in sub 1K PC programs (compaq & HP mainly) Consumer-product storage initiatives have promise in out years. FYQ4 drop-off should not be as bad as prior years (echoing everybody else) Market share in OEM channel flat Market share in retailer up tiny bit "We wanted to control inventory so didn't try to capture all upside" (of the higher than expected market growth this quarter) 7200 rpm transition - price gap will slow migration, but expect maybe 1/3 of mix in 12 mos. High end: Unit growth 13%, no revenue growth. Thinks penetration improving. "On track" for profitability. (when??) DLT: (A little confusing here) Rev up 18% sequential, profit up about it. Prospects good for improving 40% gross margins. Royalty rev 3% of corp total and growing. Super DLT development sucking up R&D, head development with RDRT. ATL: Rev up 12% sequentially, good margins DLT/ATL growth should offset seasonal DD slowdown, so FYQ4 should be slightly up.