QUANTUM Message Board - Msg: 2757212

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : QUANTUM

QNTM 7.010

-4.0%

Jan 2 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Walton who wrote (5091)	11/18/1997 1:50:00 PM
From: Emile Vidrine	of 9124

One possible explanation for institutional selling is the great profits that were gained since Dec. of 96. Institutional managers are compensated by their % gain. It could be that they are locking in their profits early for 97 and will probably buy back in laste DEC. or after 30 days. Here is a 12 month chart to show the gains in the last 12 months. When you manage a fund, I believe the gains have to be concrete and not paper-gains in order to get your commission-bonus. At 28-30, they are still holding a 100%+ gain. Notice the massive upward volume during the stocks ascent, then a decline and then the end of year selling where volume increases again but to a lesser extent. This is all IMO only. techstocks.com p.s. There could also, to a lesser degree, be some tax lost selling. Emile

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next