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

To: TechMeister who wrote (8600)	4/1/1999 7:19:00 PM
From: still learning	Respond to of 9124

Yes, last qtr included a complete write off. Only at risk item going forward is how they treated the ATL acquis. Writing off $89 mm in in process R&D. These types of transactions are routinely being questioned now. Rd MKK, from last qtrs earning announcement: These charges include $101 million associated with the dissolution of the company's recording heads joint venture, which represents the full extent of the charge the company will take for its portion of the closure. In addition, the special charges include $89 million related to the write off of in-process research and development following the company's acquisition of ATL Products, Inc., which was previously disclosed at the time the company announced the acquisition. Including those charges, the company had a net loss of $106.6 million, or $.64 per share, diluted.

To: TechMeister who wrote (8600)	4/1/1999 7:36:00 PM
From: Henry W Singor	Read Replies (1) \| Respond to of 9124

Welcome back Tech Qntm announced that they were dissolving the head operation on Oct. 28 98. quantum.com but I couldn't find the date at which this became effective in the press release. The earnings reports says they took a charge last quarter so I don't believe it will be a part of earnings this quarter. The question is how much of the head operation was included in last quarters result. quantum.com It also seems like they were holding onto half of it for sale at a future time. I think that another significant factor for QNTM is that they went from shipping Bigfoot TX last quarter to shipping Bigfoot TS this quarter. That should have reduced cost of goods sold significantly in my estimation. Also their ramp from 3.2 to 4.3 GB/platter on the 3.5 inch side should have brought them up to par with the rest of the players. Next quarters 6.8GB/platter Fireball CX is still the only drive at that capacity/platter that I know of. Are estimates really still at 33c. What do you think of the valuation of this company. Henry

To: TechMeister who wrote (8600)	4/2/1999 10:30:00 AM
From: Toko	Read Replies (2) \| Respond to of 9124

Hi Tech, No heads ops in the March quarter financials. You're right, that is effectively a boost for the QNTM bottom line. They took the worst case write-off for discontinuation. Even if disposition of the Shrewsbury is not finalized, Management says there would not be any further charges. I saw Storage Tek announce they had taken over the Louisville, CO fab from Quantum. Hoping for some good news, even though some suppliers in the market have pre-announced that their results will be below expectations. TOKO