QUANTUM Message Board - Msg: 3355888

STOCKTALK

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Technology Stocks : QUANTUM

QNTM 9.940

-0.6%

Dec 5 9:30 AM EST

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To: William, III who wrote (7279)	2/5/1998 11:00:00 PM
From: wallstreetbull	Read Replies (1) of 9124

I agree with you 1000%. Healthy drop to 21??? He talks about trends and lines which is only good for predicting what has already happened and not what will happen. People buy on news and outlook of a stock which form the charts and trends. The charts and lines do not decide the stocks direction. If this is the case what happened to the bottoms in the 30's that the technical people were saying. The double bottom the base it proved nothing once bad news came out on other dd's. We appreciated his input but for us who are long please do not call a 5 point drop as healthy. You missed the boat and you hope it goes back down so that you can buy in.

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