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Technology Stocks : QUANTUM
QNTM 9.990-0.4%Dec 4 3:59 PM EST

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To: BoNg-N-BoNg who wrote (5884)12/2/1997 2:43:00 PM
From: RealMuLan  Read Replies (2) of 9124
 
What about short interests? I suspect this is one major reason for the decline. And of course, the people who got in the stock early this year might also sell rather than holding because, even if at $25, the stock is still up almost 50% for the year. A lot of people who are still holding the stock, including myself, are the people who bought in above $35. We have no choice but wait. This sucks. Now my only hope is the stock won't break $24 to save me from margin call. And one more thing, no matter how much bad news will WDC or SEG give, they are already bottom, because they already got new 52-week lows, but this is not the case for QNTM.
Good luck.
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