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Technology Stocks : QUANTUM
QNTM 6.430-11.1%3:59 PM EST
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To: T Bowl who wrote (4344)10/27/1997 2:19:00 PM
From: Chuck Bleakney  Read Replies (1) of 9124
 
I dropped my margined position this morning... at a manageable loss.
I figure I'll wait until it starts to come up off of the floor before
I buy back in. Then I can hopfully get my losses back and then some.
At this rate it looks as if $50 by years end is a long shot.
Even $45 may be a long shot. Lets hope this thing sorts itself out
soon and that things return to something we recognize as normal
afterwards. This kind of rapid depreciation could wreak havoc if
it continues for a few more days.

Chuck
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