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Technology Stocks : QUANTUM
QNTM 9.700-15.0%Nov 28 9:30 AM EST
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To: Sam who wrote (7801)5/6/1998 11:06:00 AM
From: still learning  Read Replies (1) of 9124
 
Maybe the tide is turning early. The market fundamentals haven't changed that much, but at some point the psychology will change, and when it does we'll see a strong upward spike IMHO.

I still think that won't happen till Summer, but as it's already May, we're getting quite close to that point. Question is, when do CY1999 #s and forward PE start to become the investment guage (and will they uptrend as expected)? It will take precious little evidence to convince the market that we are back on the road to recovery, but that road may not be without some significant dips and potholes as well.

Net net: If QNTM hits 30 this month, I'll probably sell.
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