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

To: Rob S. who wrote (6102)	12/4/1997 3:48:00 PM
From: Rational	Read Replies (1) \| Respond to of 9124

Rob: I agree with your view on having reached the bottom. But, if WDC and SEG keep dropping like they are, QNTM will move down alongwith them, albeit at a lower rate. The Wall Street cannot see the future of the DD sector and that the demand for faster and better storage systems will explode as customers move to digital systems for audios and videos. Sankar

To: Rob S. who wrote (6102)	12/4/1997 4:55:00 PM
From: still learning	Read Replies (3) \| Respond to of 9124

Very good post. Often a key characteristic of a good fund manager is picking the right segments -- since they can't afford the exposure of just picking stocks, they usually buy the group. That point turns them to abandon good companies in bad sectors when the sector is taking a bloodbath. While they might stick with a clear market leader even during very bad times, QNTM has no such status, and therefore gives them no legitimate justification for stickin g with it. Otherwise they end up in the game of picking ponies and not industries. One slight tweak to your comments: It is too soon to judge the timing of a stock upswing. We may have reached a point where bad news is no longer devastating, but it is unclear how long we will remain mired at the bottom. Though the pendulum swings, it also often pauses at the apex -- sometimes much longer than one might expect before moving back the other way.