Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HardMoney who wrote (6028)	12/3/1997 12:17:00 PM
From: Zeus549	Read Replies (1) \| Respond to of 9124

With the 22's around the corner, is this getting to be a screaming buy for long termers or what????? (looks like a little tint of red showing up on the sidewalk)

To: HardMoney who wrote (6028)	12/3/1997 12:47:00 PM
From: Rob S.	Respond to of 9124

DMG is likely reading the mood of tech stocks and figures it will just wait rather than buy on the downside. I think the stock market will be in a struggle between recognition that many stocks are now undervalued and that money is still flowing out of the tech stocks (more volotile sectors) and into cash or safer sectors. IMO, there is a lot of money waiting to come into the tech stocks when the momentum to the downside subsides. I wouldn't be surprised to see DMG accumulating QNTM over the next several days - they don't know if the bottom has been reached but they must have been encouraged to the value the stock represents at the current price. DMG is known for doing their homework thoroughly. The tide will turn and if you have any irons out of the fire, now is the time to follow this lead.