QUANTUM Message Board - Msg: 2860983

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Technology Stocks : QUANTUM

QNTM 9.950

+17.6%

Dec 2 3:59 PM EST

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To: wiz who wrote (5942)	12/2/1997 9:53:00 PM
From: wallstreetbull	Read Replies (7) of 9124

If Quantum hits 20 everyone should jum from WDC to Quantum not vice versa. What a fool!!! Quantum will hit 60 before WDC hits 50 for sure. According to John he is saying that WDC is better then Quantum. So should he not sell and by WDC now while QNTM is at 24.25 according to his logic. Why would you sell QNTM at 20 and not 24 when nothing has changed. There is no room for this foolish thinking. Peter Lynch would make John a prime example of how not to trade stocks. To everyone on this thread!!! I though the term "buying opportunity" is banned on this thread!!! You guys have been saying buying opportunity since it dipped to $37 per share from the highs. We do not need anymore buying opportunities. Also does everyone remember what happened when everyone was scared about Quantums last earnings? They beat estimates while SEG was tanking. Now we are going through the same phase. Just like before everyone is getting impatient trying to figure out why Quantum is silent. Last time they were silent they ended up with a press release reporting that they will beat estimates. Now Quantum is silent again!! Quantum had 2 prime opportunites to announce negative news. At comdex and at the press release about the charges. This was only a week ago I belive. Don't you guys think that they would have gotten all the bad news out then. Why would they hurt themselves by delaying bad news when everyone is coming out with the skeletons in their closet rattling them in front of analysts. Also why would all the analysts put buy recommendations on Quanutm the past weeks to look like total fools (WHICH THEY ARE) if somehting horrible is on the horizon. Where are you Tech??? Are you building another contraption? We will see what will happen but I believe that these people do not know how hot DLT is. DLT IS MAKING QUANTUM MONEY NOT DRIVES. I just sold $5000.00 of DLT tapes to one dept. at a company. Quantum owns DLT technology so even after they sell a drive they make even more money on the tapes for that one drive where as when you buy a Seagate or WDC drive thats it. You buy Sony, Maxell, 3m tapes for Seagate and WDC tape drives. It is funny how perspectives change when a stock plummets. I remember when IBM hit 40 from 180 a few years ago. I thought about buying but I remember how everyoen was saying that they are through. What a joke it was. That was the best buying opportunity. This is speculative panick selling. I hope I am right. What do you guys think?

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