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Technology Stocks : QUANTUM
QNTM 8.980+4.5%Nov 7 9:30 AM EST

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To: MYRON Z. who wrote (8881)5/20/1999 7:29:00 PM
From: Sam   of 9124
 
More selling to come. If you are a long term holder, this isn't bad, since QNTM is buying their own stock back and they will get more for their money if the price is lower. It is probable that they were in the market when they had those 4 million plus days of trading a few days ago, and probably not in the market today, though who knows they could be steadily buying each day to get an average price over the next month.

I have to admit I too sold some of the stock that I just bought at 18 1/2 after the tracking announcement. I was getting too exuberant, I wanted some cash. I will wait before buying at least until more details--especially the "when" of it all--of the split occurs. I think we are in for a bad spell in the market soon. I also have sold some other stocks that I own to raise cash. A serious BO may be coming up sometime in the next 1-6 months (not just in QNTM but in the market at large).

Need I add--just my opinion.
Sam
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