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Technology Stocks : QUANTUM
QNTM 9.9900.0%10:44 AM EST

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To: money man who wrote (7629)3/23/1998 11:01:00 PM
From: Tom Barnum   of 9124
 
This week could be nasty.
Tomorrow may bounce around between 18 and 20, just like the December drop to 18. This time, though, the drop to 18 is only 10 percent, a lot less than the 25 percent drop in December. May not be quite enough of a drop to attract the bottom-feeders.

I'll bet there will be a lot of stop-sell orders around 17 1/2. If a couple of funds decide to do some final house-cleaning for the quarter, this week could be nasty. If that happens, I wouldn't be surprised if they buy the stock back next week.
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