QUANTUM Message Board - Msg: 3695230

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Technology Stocks : QUANTUM

QNTM 9.700

-15.0%

Nov 28 9:30 AM EST

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To: wallstreetbull who wrote (7507)	3/12/1998 11:32:00 PM
From: wayne nikituk	Read Replies (1) of 9124

I bought at $18 3/4 (post split) last spring and sold at $27 ish...bought again at $36...didn't sell at $40 but stopped out at $32. Bought in at $26..still holding. This is a dead cat bounce...one of many boats being lifted by the same rising tide. I intend to jump to shore shortly....this company IS NOT going to make anywhere near $1.78 for FY 98...or in FY99. The huge oversupply and price cutting will go on for the next year....it is dead money unless you trade. Thus, a dog. DLT is not enough to save the day. Can you say earnings warning?

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