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Strategies & Market Trends : 50% Gains Investing

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To: jgideon who wrote (241)	11/12/1997 10:58:00 PM
From: Dale Baker	Read Replies (1) of 118717

I share your sentiments on QNTM. I held it from 19 to 40 to 30, where I was stopped out. Bought in again at 35 when it was looking good and still hold it. Whenever I think about selling I realize that QNTM will bounce back fast when the tech sector rises again (early 98 maybe?). At that point I will probably average down and really ride it. Between the tape library business and the fact that QNTM has never announced any earnings problems, it is getting hammered unfairly. I'll be happy to buy more at the bottom again. Only next time I will take some profits at the top, too. Thanks for the other suggestions. I'll watch them when the turnaround comes. Good luck and keep posting here when you can.

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