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Quantum Pares Back Forecast: Page 2 of 2

“We’re seeing a continued erosion in prices, especially in our tape products,” Rick Belluzzo, Quantum’s chairman and CEO, said on the call, insisting that this is an industry-wide problem. “This is across a variety of formats… not only for our products.”

Salvation for Quantum’s suffering, according to one industry analyst who did not want to be identified, could possibly lie in the company’s new SuperDLT 600 product. “This is really critical for the company to reverse its market-share issues with LTO,” the analyst says. “This is the real crux for Quantum.”

— Eugénie Larson, Senior Editor, Byte and Switch