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Technology Stocks : Quickturn (QKTN)
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To: Sam Citron who wrote (127)6/29/1997 10:50:00 PM
From: Trey Yon   of 251
 
One little nugget I've gleaned over the years its to watch out when a stock doesn't respond well to an analyst upgrade. I dumped C-cube at $42 last Fall when it didn't respond to a Needham upgrade. It's kind of like the dog that Didn't Bark in the night and equally as important. As for the downside on QKTN, a re-test to $7 isn't out of the cards, $9 is more likely. A good earnings report could turn things around quickly. BTW I'll mortage the house below $7.
Submitted with the usual caveat that "He who gazes into the crystal ball must learn to eat broken glass."
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