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

To: Alan Hume who wrote (4514)11/6/1997 1:45:00 PM
From: robert cartelli  Respond to of 9124
 
ah
agree
several qtrs. w/ record earnings in this industry, w/ proven first class products and a p/e of 13? we could double this p/e and still be considered reasonable.
r



To: Alan Hume who wrote (4514)11/6/1997 2:12:00 PM
From: John Veltheer  Read Replies (1) | Respond to of 9124
 
Alan,

I just don't want to get overexcited. The markets could turn and decide to retest recent lower levels, world turmoil could expand or SEG could say something stupid again etc.

Yes QNTM is a great company, a great stock etc. but market perception will be very important in the weeks and months to come.

Currently trading $36 though so $35 should be support for the next few days (maybe a week).

JEV

P.S. I haven't yet sold my Nov 32.50 calls.


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