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

To: Dale J. who wrote (5105)11/18/1997 3:49:00 PM
From: Rational  Read Replies (1) | Respond to of 9124
 
QNTM is 2 times from Jan 1997 and so some institutions have basically decided to sell and lock in the profits. But, other institutions are buying at these prices.

Sankar



To: Dale J. who wrote (5105)11/18/1997 4:09:00 PM
From: Emile Vidrine  Read Replies (2) | Respond to of 9124
 
"Qntm is 80% institutional owned.
Some big money is running scared."

Yes, but on the other side of the coin, some big money was hungry for Qntm shares today--don't forget that the Qntm bulls bought over 7 million shares today as the bears unloaded. I wonder if these institutional bulls know something that we don't?



To: Dale J. who wrote (5105)11/18/1997 7:00:00 PM
From: Z Analyzer  Read Replies (1) | Respond to of 9124
 
<<
You have to wonder if the institutional investor's know something.>>
They know QNTM is a disk drive company and they don't want to own a disk drive company in this envirnment of price wars. Its pretty simple if you look at it from the limited knowledge of someone who owns hundreds of stocks and spends his time in meetings and at dinners.


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