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

To: Will Cunningham who wrote (8900)	6/3/1999 9:58:00 PM
From: MYRON Z.	Read Replies (1) \| Respond to of 9124

With QNTM, this news could rocket the price up to $25 in two days(?).

To: Will Cunningham who wrote (8900)	6/3/1999 11:17:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 9124

I agree, I'd wait till next week before we consider buying Quantum. As to whether not this becomes a buying opportunity, it depends on the Storage business as you say. When I read the announcement, I would've preferred to see some positive mention on Storage. Also, if Quantum's in trouble there may be announcement coming from other makers as well. A series of bad reports might easily take the price back to $15. That certainly would be a buying opportunity. So, patience will probably be a virtue. If we don't get a sell off, this might prove the market has realized the value of a split company and they're willing to take a piece of losing hard drive business to get the undervalued storage business. Should be interesting. Regards, Mark