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Technology Stocks : QUANTUM
QNTM 7.010-4.0%Jan 2 9:30 AM EST
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To: still learning who wrote (5487)11/21/1997 1:39:00 PM
From: Dale J.   of 9124
 
Short Sellers: Cramer wrote an interesting article (TheStreet.com) you may want to take a look at. I posted an except below. It clearly applies to qntm although not specifically.

... Snip
So, anyway, when you see a pattern of concentrated put activity after a prolonged downturn in a group [stock] that appears to be more profit-taking than fundamental deterioration, remember my strategy. There is nothing more dangerous [to the Shorts] than a heavily shorted stock with good fundamentals that starts its way back after a good hard whacking. That's something I have my radar out for all of the time.
... Snip

Cramer was wrong an qntm, but he still writes a good article.
He also wrote this:
Unlike those people who put out investment newsletters and are NEVER wrong, I tell you I am wrong about stuff everyday. As I never tire of saying, Ted Williams was not getting a hit 60% of the time in his prime, and he was the best pure hitter who ever lived. Does that mean you can't learn from Ted Williams if you want to play in the bigs?
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