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Technology Stocks : QUANTUM
QNTM 8.300-4.5%Dec 26 9:30 AM EST

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To: John A. Shaffer who wrote (6927)1/4/1998 11:17:00 PM
From: Jolo  Read Replies (1) of 9124
 
I agree with your analysis John on the trading activity on Friday. While it was an impressive jump for a beaten down stock....the buying and selling volume does not look good. IMHO we are looking at least 6 months from now before we would see any positive movements on the upside, assuming the company and the whole sector stop killing each other. BTW, if you guys think taking a 30-40% lost after disappointing earning announcements is bad, I took a 40% haircut with TXN after company reported better than expected earnings, stock splits, etc.
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