QUANTUM CORP /DE/
SC 13G, 1998-02-17
COMPUTER STORAGE DEVICES
Previous: DIONEX CORP /DE, SC 13D, 1998-02-17
Next: MAXTOR CORP, SC 13G, 1998-02-17



<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                  SCHEDULE 13G
                   Under the Securities Exchange Act of 1934




                              Quantum Corporation
- --------------------------------------------------------------------------------
                               (Name of Issuer)



                         Common Stock, $.01 par value
- --------------------------------------------------------------------------------
                        (Title of Class of Securities)




                                   747906105
              ---------------------------------------------------
                                (CUSIP Number)


                              Page 1 of 10 pages
<PAGE>

- -----------------------                    
  CUSIP NO. 747906105                   13G
- -----------------------                    
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      Goldman, Sachs & Co. 

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      New York

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5   
     NUMBER OF            0
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          8,411,220
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7    
    REPORTING             0
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          9,016,820
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9  
      9,016,820

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
                                                                    [_]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
      6.6%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      BD-PN-IA

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                              Page 2 of 10 pages

<PAGE>
 
- -----------------------                                  
  CUSIP NO. 747906105                   13G              
- -----------------------                                  
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      
      The Goldman Sach Group, L.P.

- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [_]
                                                                (b) [_]
                                                 
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 

- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4    
      Delaware

- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5   
     NUMBER OF            0
 
      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6
                          8,411,220
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7    
    REPORTING             0
 
      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8
                          9,016,820
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9  
      9,016,820

- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10                  
                                                                    [_]
 
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11    
      6.6%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
12
      HC-PN

- ------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                               Page 3 of 10 pages

<PAGE>
 
Item 1(a).            Name of Issuer:
                      Quantum Corporation

Item 1(b).            Address of Issuer's Principal Executive Offices:
                      500 McCarthy Boulevard
                      Milpitas, CA   95035

Item 2(a).            Name of Persons Filing:
                      Goldman, Sachs & Co. and The Goldman Sachs Group, L.P.

Item 2(b).            Address of Principal Business Office or, if None,
                      Residence:
                      85 Broad Street
                      New York, NY  10004

Item 2(c).            Citizenship:
                      Goldman, Sachs & Co. - New York
                      The Goldman Sachs Group, L.P. - Delaware

Item 2(d).            Title and Class of Securities:
                      Common Stock, $.01 par value

Item 2(e).            CUSIP Number:
                      747906105

Item 3.               If this statement is filed pursuant to Rules 13d-1(b), or
                      13d-2(b), check whether the person filing is a:

          (a).X       Broker or dealer registered under Section 15 of the Act,
                             Goldman, Sachs & Co.

          (b).        Bank as defined in Section 3(a)(6) of the Act,


          (c).        Insurance Company as defined in Section 3(a)(19) of the
                      Act,

          (d).        Investment Company registered under Section 8 of the
                      Investment Company Act,

          (e).X       Investment Adviser registered under Section 203
                      of the Investment Advisers Act of 1940, 
                             Goldman, Sachs & Co.

          (f).        Employee Benefit Plan, Pension Fund which is subject to
                      the provisions of the Employee Retirement Income Security
                      Act of 1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F),


                              Page 4 of 10 pages
<PAGE>
 
          (g).X       Parent Holding Company, in accordance with Rule 13d-
                      1(b)(ii)(G); see Item 7,
                             The Goldman Sachs Group, L.P.

          (h).        Group, in accordance with Rule 13d-1(b)(ii)(H).


Item 4.               Ownership.*

          (a).        Amount beneficially owned:
                      See the response(s) to Item 9 on the attached cover
                      page(s).

          (b).        Percent of Class:
                      See the response(s) to Item 11 on the attached cover
                      page(s).

          (c).        Number of shares as to which such person has:

                      (i).      Sole power to vote or to direct the vote:
                                          See the response(s) to Item 5 on the
                                          attached cover page(s).

                      (ii).     Shared power to vote or to direct the vote:
                                          See the response(s) to Item 6 on the
                                          attached cover page(s).

                      (iii).    Sole power to dispose or to direct the
                                disposition of:
                                          See the response(s) to Item 7 on the
                                          attached cover page(s).

                      (iv).     Shared power to dispose or to direct the
                                disposition of:
                                          See the response(s) to Item 8 on the
                                          attached cover page(s).

Item 5.               Ownership of Five Percent or Less of a Class.
                                Not Applicable

Item 6.               Ownership of More than Five Percent on Behalf of Another
                      Person.
                                Not Applicable

Item 7.               Identification and Classification of the Subsidiary Which
                      Acquired the Security Being Reported on by the Parent
                      Holding Company.
                                See Exhibit (99.2)



- --------------------
*    The Goldman Sachs Group, L.P. ("GS Group") and Goldman, Sachs & Co.
("Goldman Sachs") each disclaim beneficial ownership of the Common Stock
beneficially owned by (i) managed accounts and (ii) certain investment limited
partnerships, of which a subsidiary of GS Group or Goldman Sachs is the general
partner or managing general partner, to the extent partnership interests in such
partnerships are held by persons other than GS Group, Goldman Sachs or their
affiliates.


                              Page 5 of 10 pages
<PAGE>
 
Item 8.               Identification and Classification of Members of the Group.
                                Not Applicable

Item 9.               Notice of Dissolution of Group.
                                Not Applicable

Item 10.              Certification.

                      By signing below I certify that, to the best of my
                      knowledge and belief, the securities referred to above
                      were acquired in the ordinary course of business and were
                      not acquired for the purpose of and do not have the effect
                      of changing or influencing the control of the issuer of
                      such securities and were not acquired in connection with
                      or as a participant in any transaction having such purpose
                      or effect.


                              Page 6 of 10 pages
<PAGE>
 
                                   SIGNATURE

         After reasonable inquiry and to the best of my knowledge and
         belief, I certify that the information set forth in this
         statement is true, complete and correct.


Date:  February 14, 1998


                                     THE GOLDMAN SACHS GROUP, L.P.


                                     By: /s/ Hans L. Reich
                                        -------------------------
                                     Name: Hans L. Reich
                                     Title: Attorney-in-fact



                                     GOLDMAN, SACHS & CO.


                                     By: /s/ Hans L. Reich
                                        -------------------------
                                     Name: Hans L. Reich
                                     Title: Attorney-in-fact


                              Page 7 of 10 pages
<PAGE>
 
                                INDEX TO EXHIBITS

<TABLE> 
<CAPTION> 

Exhibit No.         Exhibit
- -----------         -------
<S>                 <C> 
   99.1             Joint Filing Agreement, dated February 14, 1998, between
                    The Goldman Sachs Group, L.P. and Goldman, Sachs & Co.

   99.2             Item 7 Information

</TABLE> 

                              Page 8 of 10 Pages

<PAGE>
 
                                                                  EXHIBIT (99.1)



                             JOINT FILING AGREEMENT



     In accordance with Rule 13d-1(f) promulgated under the Securities Exchange
Act of 1934, the undersigned agree to the joint filing of a Statement on
Schedule 13G (including any and all amendments thereto) with respect to the
Common Stock, $.01 par value of Quantum Corporation, and further agree to the
filing of this agreement as an Exhibit thereto. In addition, each party to this
Agreement expressly authorizes each other party to this Agreement to file on its
behalf any and all amendments to such Statement on Schedule 13G.



Date:  February 14, 1998


                                    THE GOLDMAN SACHS GROUP, L.P.


                                    By: /s/ Hans L. Reich
                                       ---------------------------
                                    Name: Hans L. Reich
                                    Title: Attorney-in-fact



                                    GOLDMAN, SACHS & CO.


                                    By: /s/ Hans L. Reich
                                       ---------------------------
                                    Name: Hans L. Reich
                                    Title: Attorney-in-fact


                              Page 9 of 10 pages
<PAGE>
 
                                                                  EXHIBIT (99.2)



                               ITEM 7 INFORMATION



     Goldman, Sachs & Co. is a broker or dealer registered under Section 15 of
the Act and an investment adviser registered under Section 203 of the Investment
Advisers Act of 1940.




                              Page 10 of 10 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission