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Technology Stocks : Quickturn (QKTN)

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To: Mike Chen who wrote (163)10/15/1997 7:20:00 PM
From: Cosmo Daisey   of 251
 
Mike,
FMR is selling now with this filing on Monday. I have been long awhile and sold today. I don't like the looks of the chart. I made a little over a point which is all right but not what I had expected based on the risk.
Coz

>>>The only 13D is by FMR who got there via the acquisition of
speedsim (?sp). And they're not likely to sell that soon because QKTN got hosed on that deal
and FMR winds up with lots of cheap stock.>>>

Quickturn Design Systems, Incorporated

Two Fidelity Fund(s) sold Shares since August 8, 1997 at the
dates and at the prices set forth below. The transactions were
made for cash in open market transactions or with other
investment companies with the same or an affiliated investment
advisor.

DATE SHARES PRICE

09/26/97 20,000 $15.00
09/30/97 2,500 15.00
10/06/97 45,000 15.03
10/07/97 80,000 15.09
10/08/97 60,000 15.42
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