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


To: William T. Katz who wrote (5876)12/2/1997 12:46:00 PM
From: still learning  Read Replies (1) | Respond to of 9124
 
It's a waiting game. Right now, with back-endloaded Q, I'm not as sure as I once was about QNTM .60 this Q.

If they deliver -- in this hellish environment, then they will get some support. Just remember, we won't know till mid Jan if they made it. So it looks like a long Dec for the longs. Beside, even a .60 qtr may not get highly valued in this storm. I thought we'd see 40 by Dec, but now I'd be glad to make it back to 30 to save the margin calls.

We are seeing the greatest test of QNTM since the Dark Days, and it will be a test of both the mgmt and investor confidence. Looks like it's just getting more interesting every day. Wish I didn't have so much riding on the outcome, but I'm not turning back now. Still a long-term bull.