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


To: T Bowl who wrote (5844)12/1/1997 10:22:00 PM
From: Frodo Baxter  Read Replies (2) | Respond to of 9124
 
DLT's strength should hold on long enough for the stock to *approach* fair value. At that time, I'll re-eval my position. I figure the stock's volatile enough to make another run at 40 around year-end. And there's always the chance that management will take some proactive, shareholder-friendly actions. If it drops below 25 or so, I'd probably buy more. But this basing action that it's been doing recently... zzz yawn borinnnngggg. I've bought enough at this level, but I'm not really overlevered at this point. I've got a windfall from my Midcom shorts that's waiting to be put to work. (hopefully not as a tax writeoff)

BTW, anyone happen to look at HMT's financials lately? Their cash flow looks kinda funky to me...

Cheerleader