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


To: Sam who wrote (8737)4/30/1999 9:47:00 AM
From: Robert Douglas  Read Replies (3) | Respond to of 9124
 
Sam,

I'm with you all the way. Certainly Neff is being conservative, which is something I really appreciate given my investment style. I'm not looking for something that is a quick double and then I'm on to something else. What I would like is a company that is a quick double that I can hold for 5 or 10 more years and get 2 or 3 more doubles! <g> That's why I guess I am against the tracking stock and separating the two companies. I think that there is merit in having some diversification in business lines. If DLT is really generating more money than they need to grow, then what is the purpose of creating a stock that is trading at high levels? Do they want to do an equity offering to raise money when they don't need it? And what will they do with this kitty? Buy new businesses to diversify of course! Seems a lot like financial games. I prefer that they stick to their knitting.

Apparently stuck in the past,

-Robert



To: Sam who wrote (8737)5/1/1999 8:11:00 AM
From: Lutz Moeller  Read Replies (1) | Respond to of 9124
 
briefing.com
14:06 ET Quantum Corp. (QNTM) 17 3/4 +1/4 (+1%): CIBC Oppenheimer upgrades disk drive maker from "buy" to "strong buy" based on arbitrage play on the upcoming split this summer of the stock into two instruments. Firm values tape storage stock at $25-$30 and disk drive business at $4 per share; sees upside of at least 50%.