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Technology Stocks : QUANTUM
QNTM 8.585+11.6%Dec 16 3:59 PM EST

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To: still learning who wrote (6333)12/10/1997 9:06:00 AM
From: Harley Morgan  Read Replies (2) of 9124
 
As stated previously - this is ripe territory for the shorts. Bad news in the tech sector, beaten down DD sector & no comment from Quantum management. If Oracle can surprise the Analysts (note 28 following Oracle according to Zacks), what can the investors expect from the situation on Quantum.

IHMO the stock will remain depressed until a postive statement is made by management. If no messages and more tech sector bad news then the stock will retest the lows. I'm not happy with the amount of volume we are seeing at these levels that appears to be churning the stock. I'm still of the opinion that short interest is playing this one on no news. Of course, short interest will be published in the coming week and we will see the magnitudes.
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