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

To: Sam who wrote (5662)	11/25/1997 12:14:00 PM
From: still learning	Read Replies (1) \| Respond to of 9124

I almost agree with Sam. The tax loss selling and/or profit taking in this stocvk is happening right now. Tax loss sseason IMHO is no longer in Dec. It's thru Nov. Like Christmas and new car models, it just keeps getting earlier every year. In Dec we will see a rally, though the strength of that raly will depend largely on market psychology. Jan will be strong, if only because QNTM and similar cos' have been so beaten down that the tide must turn because earnings and fundamentals remain strong if not undamaged. Even at $.59 a shr this Q (from .79 to .59 following the restruc charges) if QNTM makes its #s, it will show the market it can weather a storm and will become a haven within the tech sector. One note: QNTM needs to see 2 things. 1. First some strength from WD and SEG is v. impt. If not forward momentum, they must at least show they have applied a tournequet (sp?) properly. 2. QNTM must emerge as a leader that gets grouped with the top 5-10 tech sector opptys. Since INTC, AMAT, and other leaders have taken it on the chin as well in varying proportions, there are many competing investment opptys. It is tough to play against too broad a filed, to play against all the smaller niche sectors. e.g. QNTM looks like a larger cap company when compared to the smorgasboard of oppty's but then it becomes a matter of taste -- do you like DDs versus XX. There are many such choices -- the networking 2nd and 3rd tier, the semi equips, the chip 2nd and 3rd tier, the emerging sectors such as SFA, Helpdesk, Graphics software and hardware, and on and on. Unfortuntely, until SEG and WD stop the bleeding, DDs will not be the most popular choice among tech investors. Then we are left with value investors and funds, which ain't bad, but I would prefer a broader constituency.