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Technology Stocks : QUANTUM
QNTM 8.690+1.2%1:36 PM EST

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To: William T. Katz who wrote (5793)11/28/1997 9:55:00 PM
From: Rob S.  Read Replies (2) of 9124
 
I expected to see some reaction to Samsung's announcement on Wednesday that they were curtailing 1/3 of their investment plans. I thought the semi equipment stocks would be down. Maybe the market will react to this on Monday when the institutional investors get back in the game. If the semi equips head down that could pull other groups lower as well. I would almost like to see a 1-3 day "irrational blow-off" of worry with tech stocks down another 5% on average. Something needs to happen for the market psychology to turn around or we will just whimper along for a few or several more weeks.
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