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

To: James Stitt who wrote (4722)	11/10/1997 4:32:00 PM
From: Sorin A. David	Read Replies (1) \| Respond to of 9124

A breath of fresh air, James. It is so true that stocks are only worth what someone will pay for them. Look at AMZN or early Netscape, etc. Same with Cymer right now. Fundamentals mean nothing when people panic so this is where TA comes in to protect principal. Therefore, as much as I like the fundamentals, if QNTM breaks 27.5 on a closing day basis, I will be out waiting for an entry point when it will stabilize. I have made the mistake to wait it out with Cymer from $30 thinking that it is so fundamentaly strong that it has no business being below $30 that I am now under about $10 per share with no real bottom in sight. Great companies, but sentiment dictates prices.