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Technology Stocks : QUANTUM
QNTM 7.010-4.0%Jan 2 9:30 AM EST

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To: David Walton who wrote (5091)11/18/1997 2:47:00 PM
From: Webb B Blackman Jr   of 9124
 
ANYONE, For QNTM to fall like this the institutions must be selling.

David,
And other institutions but be buying as well. Or there are alot of very rich people in the market that like to spend $1,000,000 or so at a time buying Quantum. I could be wrong, but I would see the recent movement in the price of Quantum as just the opposite. Alot of small investors selling for hopefully a profit and the instututions picking up the stock at very reasonable prices.

I have to wonder about the mental abilities of a person who says things like "everyone is selling". Remember that there is a buyer for every seller. I wish I did know the reason that QNTM drops on bad news from WDC.

--- webb ---
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