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Technology Stocks : QUANTUM
QNTM 6.930-1.6%Jan 15 3:58 PM EST

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To: tech who wrote (4489)11/4/1997 11:21:00 PM
From: Kevin Chesser  Read Replies (1) of 9124
 
Tech, I have often seen this thread quite just before a nice breakout. Look, most of us see QNTM as a long-term buy/hold. Realistically, I should be buying more. I held at $43 per share recently and am definitely holding at $35!

IMO, the price is held back by other drive maker problems and worries about continued strength in the PC market. Intel's worries over Asia don't help as well.

In recent months I have learned you cannot be an investor in disk drive stocks (APM for example). QNTM is excepted from this statement because of DLT and emerging drive leadership. I am excited by the price strength in this stock...remember when QNTM last was at 33, WDC was at $54!

Kevin
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