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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?

To: MYRON Z. who wrote (8937)	6/7/1999 12:32:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 9124

Myron, Quote.com shows QNTM near the top of the 'trade rate' list. I don't know how 'trade rate' is calculated, but you select it from the 'top 10' pulldown. quote.com It's not on the list now, but the chart is fun to watch as long as the trend is up. G.

To: MYRON Z. who wrote (8937)	6/7/1999 2:42:00 PM
From: Greg Jung	Respond to of 9124

I disagree, Quantum is not defying tech or fundy analysis. Fundamentally it is a premier company selling cheap in an expensive market. Technically, as someone who bought in recently I'm atuned to what the chart "tells" me, as I'm very careful lately about new positions. The latest run from 20 presaged a new run imo, 50 dma begins to cross 200 dma to the upside. Not enought powder in market brought the pullback where it held 200 dma (and I tiptoed in). Warning of expected surprises (g) knock socks off the price in the panicky instinet but Quantum only as cheap as 18 or so on friday: I think the mild reaction actually aided the nasdaq rally (emboldened buyers) rather than being the recipient of the market goodwill. Or it could be a vast conspiracy to keep trading up on this issue but it is trading well. Today's early recovery is however a Barron's piece. Everybody loves spin offs (although tracking stock spinoffs are rather too esoteric for me). I figured for a flat range and put in limit orders below bid to buy mdcd and above bid to sell qntm (I hadn't known about the merger when I first bought some.) The sell order went through but mdcd is still lagging so I was able to re-establish my quantum stake. ( and I lowered the target price on the below-bid mdcd that would double the position)