SI
SI
discoversearch

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: tech who wrote (5328)11/19/1997 10:10:00 PM
From: wallstreetbull  Read Replies (1) | Respond to of 9124
 
Sounds good to me. At 31 per share we'll be in the money by 3.5+ about 3 premium. At that price I will sell half my position to get my money out and ride the rest into January. I tell you if this succer stays below 30 for the next 3 months I will give up investing and increase my 401k to 15% and just watch that grow.

How can Quantum leak closing of that center and not make a public announcement? We should see a press release tomorrow.

Should we buy calls at the open or wait for news to come out. Maybe wait to see which direction stock is headed.

Sam



To: tech who wrote (5328)11/19/1997 10:22:00 PM
From: wallstreetbull  Read Replies (2) | Respond to of 9124
 
Okay I thought about this. Several analysis revised estimates by about .20-.25 for 98. Well they must know something we don't. Why would they revise now instead of waiting for Quantum to make the announcement about their plans to merge high and low end. Now if we will see one time charge of $.20-$.30 that is nothing. Infact I think we will cover that by the increased demand by DLT.

I believe everyone is playing it safe, but I am sick and tired of these people downgrading Quantum to hold from buy when it is at 27.
That really helps all those that bought it at 38 because they had it as a strong buy. Once Quantum hits mid 30's they will rated as a buy again. The only thing these fools are good at is predicting something that has already happened.