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Quantum Corporation (QTM)

NYSE - NYSE Delayed Price. Currency in USD
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6.16+0.24 (+4.05%)
At close: 4:02PM EDT
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  • I
    Its All
    Its All
    Artifical intelligence, video surveillance, video production, all in great shape. Product offerings are only half of the equation. Now need to cut costs. Need to see a path to revenue per employee growth up to $1M. Not seeing even close to that yet. Show us shareholders what we need to see!
  • I
    Its All
    Its All
    The top line growth story appears to be developing, but I think a serious reduction in workforce is still needed, especially in old management and technical advisor positions that led Quantum down into the current mess. Competitors need to feel that Quantum is becoming a growing threat to their business, not only with product offerings, but also in energetic and efficient delivery of those products that much larger competitors can't match. THAT's what will truly drive shareholder value!
  • l
    linx300
    linx300
    I found this company and am sticking to it Looks good to me
  • F
    FG
    FG
    Check out news item regarding partner Veritone inc.
  • I
    Its All
    Its All
    Nice, positive press release, Fuad & Raghu! Thank you! Please keep the great news for shareholders coming!
  • I
    Its All
    Its All
    Regarding the latest press release, "...yes...Yes...YES!!!" Raghu & Fuad, please don't hold back! The shareholders are counting on you!
  • I
    Its All
    Its All
    Dear board members, a bit more "sense of urgency" would feel really nice. You already know you're out-dated management and consultant heavy! You already know some products and models have turned out to be duds. You already know that products in every roadmap can be deferred or cancelled to need fewer engineers and save costs. C'mon, throw us a fresh bone...
  • I
    Its All
    Its All
    The growth technology that Quantum has is data/video archiving (NOT data back-up). It's hard to find a better overall archiving solution than what Quantum offers. I have to believe that the tape business is profitable, because I think Quantum owns a huge share of that market, which would be good to invest in sales & marketing to make the archiving business grow faster. BUT the data back-up business (I think it's called DX) is too competitive, commodity, and low-margin that I bet can't possibly pay for all the engineers and facilities that it costs to produce it. Quantum should sell it, or spin it off into it's own company. If it survives, then it was meant to be. The archiving product is good enough. Keeping a large, high-paid staff for add-ons that don't dramatically accelerate sales is ridiculous! Seems like it's good enough to only need support engineers now. Same for Tape. Maybe they keep a skeleton crew (maybe 10) of experienced engineers to tackle super high-growth changes (pay them well), but then outsource the rest of the jobs to Eastern Europe. The bottom line is that they need to return to start-up mentality, and then this stock will soar! Having 1100+ employees for stagnant growth seems like just plain irresponsible management to me! With such a long stagnant history, and under the current circumstances, it seems like at most 1/2 of that would be more responsible! Time for all hands on deck, I'd say!
  • B
    Brandon Laws
    Brandon Laws
    This buyout is taking forever, Quantum. just sell already and get it over with.
  • L
    Long Term
    Long Term
    Heading to $3? Just old technology?
  • C
    Chuck
    Chuck
    My fear is they will sell for $7 or $8 a share (whereas most of us will lose our collective shirts). Then I am joining the class action lawsuit! Time to "lawyer up" if you are an officer or executive of Quantum. Of course, it won't make any difference or allow me to recoup the money I've lost. My investment currently stands at a 70% loss.
  • I
    Its All
    Its All
    "...identify and deliver financial improvements...fully committed to acting with a sense of urgency...to aggressively pursue cost savings...to invest in growth initiatives." For as negative as I've been, even I have to admit that with these meaningful shifts at the very top, and hopefully much more to come in other worthless management layers, along with a solid dedication to the shareholders, maybe there's a tiny bit of hope for QTM after-all?
  • K
    KJ
    KJ
    The NEW Chairman is a bumbling idiot. Good Luck!
  • A
    Anonymous
    Anonymous
    Selling at 7 is ok
  • T
    Taylor
    Taylor
    I think QTM might have reached its upward limit and that a pullback may be possible. google awesome*sto-cks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
  • C
    Chuck
    Chuck
    Their future is VIDEO ARCHIVING. StorNext is a great product. Undersold and undermarketed. TERRIBLE management.
  • A
    AHKC
    AHKC
    USELESS TRASH GaSHIT and QTM POS executives are all way OVERPAID. they all drive Tesla cars and make Elon Musk very filthy rich off QTM shareholders $$$$$$
  • M
    Michael
    Michael
    About time for some positive change....show Gacek to the door as well.
  • A
    AHKC
    AHKC
    When will QTM go BANKRUPT? List DATE of QTM BANKRUPTCY
    my predication is:
    Early Next Year !!!!!!!!!!!!!!!
  • A
    AHKC
    AHKC
    SOME many QTM insiders were selling before earning = They KNEW a BAD QTR was coming. No insider buying also a BAD sign too. Going LOWER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!