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

To: T Bowl who wrote (4344)10/27/1997 2:19:00 PM
From: Chuck Bleakney  Read Replies (1) | Respond to of 9124
 
I dropped my margined position this morning... at a manageable loss.
I figure I'll wait until it starts to come up off of the floor before
I buy back in. Then I can hopfully get my losses back and then some.
At this rate it looks as if $50 by years end is a long shot.
Even $45 may be a long shot. Lets hope this thing sorts itself out
soon and that things return to something we recognize as normal
afterwards. This kind of rapid depreciation could wreak havoc if
it continues for a few more days.

Chuck



To: T Bowl who wrote (4344)10/27/1997 8:42:00 PM
From: Frodo Baxter  Read Replies (1) | Respond to of 9124
 
Thanks for the confirm, Todd.

FWIW, I swapped half my Feb 22.5 calls for Feb 40 calls today. Will bridge up the rest if things get REALLY ugly :)

Lock and load, boys.


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