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


To: Rational who wrote (5128)11/18/1997 5:12:00 PM
From: Dale J.  Read Replies (1) | Respond to of 9124
 
We'll just have to wait and see. Something appeared to have exacerbated the selling late in the day, but then again that is just what panic selling does.



To: Rational who wrote (5128)11/18/1997 5:29:00 PM
From: Paul Bonarski  Respond to of 9124
 
What a great day to buy. From my reading of the news, many of the tech stocks were spooked today by an earnings announcement by Adobe. I think its interesting how a company (with bad news)in a different industry sector can have so much influence on the overall market. It happens a lot these days.

QNTM has been beat up ever since the whole Asian crisis began. Fundamentally, nothing within the company has changed nor do we know the full impact of the Asian situation. What will be the long term impact? Who knows... Someone said it earlier, the fear of continued losses is driving the price down. I tend to think it is an excellect opportunity to buy a company with good fundamentals at a dirt cheap price. I'll be buying more tomorrow if the price drops again.