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Technology Stocks : Quickturn (QKTN)

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To: DGMontana who wrote (170)10/29/1997 8:59:00 PM
From: Cosmo Daisey   of 251
 
Dave,
QKTN getting battered in this market. I cleared my position at $16 and should have switched to short side. The price is looking attractive again at 13.125 but I will watch for now. Fundimentals don't seem to make any difference at this point. Junk going up and good stocks coming down. Take a look at GTW for a promising short. They don't have any sexy technology they just put the pieces together and send them UPS. Wall Mart is selling P133, 2.5 gig, modem, CD, monitor for $900.
This is the place for Joe Lunch Pail to buy a computer, he needs to touch it and feel it, a glossy ad in the latest computer magazine confuses him because of the wide array of products. GTW is for experienced users but the market now is for first time home use machines. Chistmas coming up and the chain stores will be full of PC's. Joe L P is comfortable at Caldors or K-Mart.
Let me know if you decide to reposition in QKTN
Coz
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