Phone conference for March 2009

http://www.qtww.com/files/qtww_press/QTs_Third_Quarter_Conference_Call.mp3

Please review the current 10Q - as boring as financials are I think Quantum did a pretty good job with their filing. Questioned by the SEC too? and wrote off the debt with GM? Convertibles... man... there is A LOT in that filing. I posted it before.... sideshowbob posted the whole thing and here is the link again. http://www.sec.gov/Archives/edgar/data/1166380/000119312509052366/d10q.htm Whatever company you look at if you consider it for more than just a chart play/flip whatever there comes a bit of homework eh?

In connection with the strategic alliance, the Company has issued 3.5 million shares of Common Stock and 1.0 million shares of Series B Common Stock to General Motors. The Company recorded the value of the shares issued to General Motors as an intangible asset at fair market value on the dates of their respective issuances. The Company had been amortizing this intangible asset over the ten-year term of the strategic alliance with General Motors until January 31, 2009, at which time the Company wrote-off the remaining unamortized carry balance of $5.8 million in connection with the performance of an updated impairment analysis discussed below.