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Technology Stocks : QUANTUM
QNTM 9.9900.0%10:44 AM EST

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To: space cadet who wrote (5932)12/2/1997 6:59:00 PM
From: William T. Katz  Read Replies (1) of 9124
 
Please, space cadet ... dont write me about your foretelling of QNTM hitting low 20s or your omniscient views of exactly how far this stock will go down:

"I still think it will most likely hit 21 first."
"I don't think qntm is going anywhere for a good while."
"I expect we will trade between 20 and 26 for the next 6 months."
"I don't expect qntm to hit 30 for a long time."
"If 20 falls then all bets are off and no telling how low qntm could go."

Thank you for your well-researched views about what this stock is worth and where it will be trading. We in the fundamental camp believe that if disk drive component isn't bleeding huge losses, the stock should move higher after earnings report. It is amazing, though, that you can tell what will happen for a "long time."

-Bill, tired cranky & dazed ... isn't that an indicator that this is the bottom?
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