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Technology Stocks : QUANTUM
QNTM 8.120-5.4%Dec 17 3:59 PM EST
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To: Roader who wrote (6358)12/10/1997 4:12:00 PM
From: Rational  Read Replies (2) of 9124
 
I interpret this as good news because pricing pressure has been known, but, cutting jobs is a new signal to improve efficiency and to reduce capacity. Thanks for posting this news. I was looking for a reason for the late rally. This must be the trigger for rally on DD stocks towards the end of the today. Even WDC recovered most of its losses. We will see if this holds until tomorrow. I increased my bet by 25%.

Sankar
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