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Technology Stocks : QUANTUM
QNTM 8.130-1.9%3:59 PM EST
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To: Gottfried who wrote (6976)1/9/1998 2:43:00 PM
From: Rob S.  Read Replies (1) of 9124
 
We've already seen 10% in many of the equips just today. I think tha there is a very good chance they will be down, counting today, by 20%-30%. The mutual funds may have been buying recently but they have likely been looking at the earnings foprecasts which are now in the process of being chopped in half or more. I can kick myself for not having shorted the sector and still think it is safer to short than to go long in the sector - ". . the trend is your friend".
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