QUANTUM Message Board - Msg: 2833101

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : QUANTUM

QNTM 8.120

-5.4%

Dec 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William T. Katz who wrote (5793)	11/28/1997 1:29:00 PM
From: Rational	Read Replies (1) of 9124

Bill: The price picked up towards the end of today because of a block purchase of 157,500 shares at $26 5/8 at 13:05 ET -- from Internet Trader. I am not worried at all about the ups and downs in the short-run because I have bought on cash. As soon as smarter Wall Street players distinguish between a highly inefficient business model of SEG and an ultra-efficient model of QNTM, the latter will double in price. This is my honest opinion about QNTM. I want it to languish for some more time as I am planning to transfer more cash to my trading account that will take time. The down-side risk with QNTM is severely limited, IMHO. It is nice to have too many shorts at this time. Sankar PS: You may be right about small traders shorting/selling this stock because the next large block traded today was ~30,000 shares and was a buy. Most large trades today appears to be on the buy side.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next