Quarterdeck: Making a Striking Comeback! Message Board

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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Duncan Lestina who wrote (2449)	3/6/1998 1:57:00 AM
From: Robert Wendorf	Read Replies (2) of 3307

Duncan I agree with you, I have owned QDEK SINCE 1994 and rode it up $31.00 and bailed out. Started buying puts in May of 1996 as QDEK started to fall. In Aug of 96 I bought 500 shares at 8 1/2 thinking that this was the bottom. My mistake. Started buying puts as Qdek kept sinking again.In March of 97 I said that this has to be it so I bought 5,000 shares at 3 9/16, wrong again. This time I took no action but kept following QDEK very closly. IN Dec of 97 I flew out to their open house and had a long talk with Curtis Hessler, Frank Greico & Mark Epstein. I liked what I heard and started buying back in. I now hold 90,000 Shares from 1 3/4 to 8 1/2 with my average at 2 11/64. I truly believe that QDEK is on the right track and look for a strong 3rd and 4th Qtr. and hope that the 2nd qtr will show 3 0r 4 cents. Longer term I look for QDEK to be $9.00 to $12.00. Short term if Qdek falls below 1 3/4 I will be back in buying. Yes you could say I am Bullish on QDEK.

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