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Technology Stocks : QUANTUM
QNTM 6.290+9.2%Nov 24 3:59 PM EST

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To: Maverick who wrote (8425)2/6/1999 12:09:00 AM
From: KevinThompson  Read Replies (1) of 9124
 
Thanks Maverick for the Techweb article. I too also follow Briefing.Com. I find their commentary very insightful.

The last couple days downward tumble of QNTM just seems so out of place. Business looks much improved fundamentally and the outlook looks great for the DD industry in general (except for a couple things like declining per unit prices and other pricing pressure factors). Technically, I would be looking for a move up in QNTM stock price. The recent slide seems too exaggerated. The stock price is trading noticeably below the 50 day MA and the charts look very over-corrected. I hope the explanation is only simple profit taking and not some unforeseen evil lurking. (don't mean to get too carried away).

Kevin
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