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Technology Stocks : QUANTUM
QNTM 8.760+7.9%Dec 18 3:57 PM EST
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To: moose who wrote (5661)11/25/1997 11:50:00 AM
From: William T. Katz  Read Replies (1) of 9124
 
I think QNTM's movement has nothing to do with QNTM, but everything to do with its high volatility in the past and the general market problems. I am reaccumulating big time here after doing some trading over the last couple days ... closing out my short positions on YHOO and Micron, maybe even AMZN. I think at this point, I feel that the Asian situation will have less impact and stocks will start trading on domestic/fundamental issues after this week.

In any case, QNTM will trade much higher next year. I'm satisfied with the research I've done. So consider my 5000 shares off the market until QNTM goes above 35.

-Bill
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