Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: scott harrison who wrote (5258)	11/19/1997 2:15:00 PM
From: Rational	Read Replies (1) \| Respond to of 9124

All: SEC regulations prohibit any analyst to get extra insider information from a company. I know analysts very well. They get all Q10's and then go by the sector trend and information gleaned from competitors to give their best judgement about future earning estimates. It is possible that in the case of small cap stocks, information leaks out. But, for a company with a leadership position and an impeccable managerial reputation, I cannot think that QNTM will give away any information to some analyst. In the case of such companies, you always hear surprises (bad or good). Sellers are selling based on what they see has happened to SEG and WDC. The biggest block traded today is 76,000 shares. The price has more than doubled since the start of the year and many bought at $25 when the price dipped recently. Given the general uncertainty in the market and particularly the DD sector, it is natural to imagine that the leader will face the brunt as investors sell to lock in profits and/or minimize their losses. A leader will rise as fast as drops if the information is good. To tell that the price will go down to 20 or up to 40 at this stage is not meaningful because the current price reflects the best evaluation, given all information. Anyone who beleives that QNTM will rise as a leader should stay on. Sankar