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


To: Rob S. who wrote (6161)12/5/1997 4:07:00 PM
From: scott harrison  Read Replies (2) | Respond to of 9124
 
YEAHHH QUANTUM!!! 24 7/8! Finally some good news to this gloomy gloomy thread. Maybe we won't need a buyback! scott!!



To: Rob S. who wrote (6161)12/5/1997 4:20:00 PM
From: Rational  Respond to of 9124
 
Rob:

Two important points on today's action:

* It reinforces my belief that the market has correctly accorded QNTM the leadership it deserves in this sector. The market is beginning to value QNTM's DLT business. It is still far away (IMO) from the correct value because other tape storage companies have a multiple of about 20.

* We closed at the highest of the day. This is an indication of restored confidence in QNTM.

The party is far from having begun, though.

Sankar



To: Rob S. who wrote (6161)12/5/1997 4:41:00 PM
From: Nads  Read Replies (1) | Respond to of 9124
 
Well Rob, I am not a technical analysit, but if you are, and you check Alphachart, I belive that your gut feeling is wright. That is if I am interpreting the charts right, the turn around started on the 2nd. I think!

alphachart.com

I tried to put it in quotes for you but I do not know if it worked.
After you press the "bring an other window button" activate the Stochastic Oscillator. Be patient it takes a while to load up the data.

Nads.



To: Rob S. who wrote (6161)12/5/1997 9:08:00 PM
From: NucTrader  Read Replies (2) | Respond to of 9124
 
I agree. I last exited @ 35 1/2. Back in today @ 25 7/16 [Should have got in yesterday but was out of town].