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

To: Richard Grenier who wrote (5945)	12/2/1997 10:01:00 PM
From: wallstreetbull	Read Replies (1) \| Respond to of 9124

How much money do you have in Quantum that will make you go bankrupt? Do you have all your nest egg in this stock? Have you taken out loans and then margined on top of that to buy the stock? I was just wandering how 1 stock can bankrupt you if you are using your own money?

To: Richard Grenier who wrote (5945)	12/2/1997 11:47:00 PM
From: John Ritter	Respond to of 9124

It's generally true that a beaten down stock will recover, so it's best to hold good companies for a recovery. If not being able to afford to sell makes you long, it could be a blessing. This has helped me a number of times make some serious money, I'd get mad and hold till it doubled from where I bought. This gets tiring as a consistant practice so I'm trying to improve my short term trading skills to make a cushion for these situations. It is not easy, I'd swear there are 10,999 others fighting for the same crumb, you have to be quick and nimble and sell when you go on vacation anything you don't trust completely, or can't afford to sell.