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Technology Stocks : QUANTUM
QNTM 9.380-4.7%Dec 12 9:30 AM EST
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To: Warren Hampton who wrote (7209)2/1/1998 3:20:00 PM
From: Darth Trader  Read Replies (1) of 9124
 
The runup, imo, was tech mutual funds accumulating big block purchases, I have seen similar buyng in AMAT, INTC, MU, CSCO and more recently in ORCL and TXN.

QNTM may gap open to $26 tomorrow and after some profit taking trade down to $25, but keep your eyes on the size and frequency of the big blocks. Last Friday showed late day buying which gives away the hand of the big boys, they have large orders to fill .
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