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


To: Haolin Ni who wrote (4744)11/10/1997 7:54:00 PM
From: David Walton  Read Replies (1) | Respond to of 9124
 
haolin ni,
I wish I knew how low qntm was going to go. I never thought it would be below 30 again. So much for my projections. Unfortunately, many investors have been puting qntm in the same boat with all the other disk drive makers and WDC has lost 60% in a few short weeks. Is Qntm going to lose 60%, it is a better company and this sell off is irrational. But all those irrational sellers are pushing the price down on the rest of us. Is qntm going all the way down 20? I don't know. As far as missing a bounce it is a possibility but I think maybe a risk missing a few points of the rebound but I can't take any more pain. I've lost almost $40,000 in the last few weeks. Do you have any more thoughts?

thanks, david