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

To: William T. Katz who wrote (5793)	11/28/1997 1:29:00 PM
From: Rational	Read Replies (1) \| Respond to of 9124

Bill: The price picked up towards the end of today because of a block purchase of 157,500 shares at $26 5/8 at 13:05 ET -- from Internet Trader. I am not worried at all about the ups and downs in the short-run because I have bought on cash. As soon as smarter Wall Street players distinguish between a highly inefficient business model of SEG and an ultra-efficient model of QNTM, the latter will double in price. This is my honest opinion about QNTM. I want it to languish for some more time as I am planning to transfer more cash to my trading account that will take time. The down-side risk with QNTM is severely limited, IMHO. It is nice to have too many shorts at this time. Sankar PS: You may be right about small traders shorting/selling this stock because the next large block traded today was ~30,000 shares and was a buy. Most large trades today appears to be on the buy side.

To: William T. Katz who wrote (5793)	11/28/1997 9:55:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 9124

I expected to see some reaction to Samsung's announcement on Wednesday that they were curtailing 1/3 of their investment plans. I thought the semi equipment stocks would be down. Maybe the market will react to this on Monday when the institutional investors get back in the game. If the semi equips head down that could pull other groups lower as well. I would almost like to see a 1-3 day "irrational blow-off" of worry with tech stocks down another 5% on average. Something needs to happen for the market psychology to turn around or we will just whimper along for a few or several more weeks.