Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of backup and tape storage specialist Quantum
So what: The company didn't have any specific good news today, but Quantum shares have suffered more than any other storage investment during this brutal year and the downright uncivilized rout of the last month. This stock was due for a personal little relief rally on the slightest hint of good news -- such as Cisco Systems
Now what: That being said, it's easy to see why investors are nervous about Quantum shares. Skimming dangerously close to breaking even, the stock trades at 212 times trailing earnings while rivals EMC
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