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Technology Stocks : QUANTUM
QNTM 8.300-4.5%Dec 26 9:30 AM EST
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To: Jolo who wrote (6929)1/5/1998 12:25:00 AM
From: wallstreetbull  Read Replies (2) of 9124
 
You guys please do not call Quantum a dog!! I bought at 19 and sold half position at 35. Qntm was not a dog when it went from 19 to 43 in 2 months so do not call it a dog until it stays under 18 for 9 months just because of bad timing.

Example: I used to love a company Best Buy (BBY) made good money on it. The stock went from 37 to 7 and I was scared to but it at 7 becuase I thought something major was wrong even though I knew that was not the case but I could not understand why it went down to 7. In the last 3 months it went from 7 to 40 just becuase they have positive announcements which should have never caused such movement down or up the second time. The guy that cust my hair bailed out at 24 to brake even after he hung onto it all this time. Two weeks later it hits 40.

My point is: If QNTM breaks 30 and stay there it will not stop there. Whatever the news is that will take QNTM to thirty will also take it to 40.
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