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Technology Stocks : QUANTUM
QNTM 8.720-7.0%Dec 24 12:58 PM EST
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To: Rob S. who wrote (5370)11/21/1997 1:03:00 AM
From: semi engineer  Read Replies (1) of 9124
 
Rob S

I am not short but I do have five(5) Feb 30 put. You may be right but I tend to think this is a pure short covering. I think it will trade between $26.5 and $30.5 until next bad news(or good news). QNTM seems to have a very strong support at $26.

But let see how it play out next few months but for longs, I rather own a sector that does not have that much negative built into them.
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