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


To: john p. carney who wrote (8757)5/1/1999 5:11:00 PM
From: Sam  Respond to of 9124
 
I don't know if it will be prudent or not. I would guess that there will be a lot of selling. Whether it happens out of the chute or not is anyone's guess. We'll have to see how it's valued. Apparently Oppenheimer thinks it should be valued at 4! I find that pretty low, gives it a market value of roughly $700 million, or a PSR of less than .20. I am using revenue of about 3.7 or 3.8 million dollars, for the trailing 12 months, which were pretty bad months on the whole, so its not even .20 of peak revenue, it's .20 of punk revenue.

We'll have to see.
s.