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


To: space cadet who wrote (6405)12/10/1997 7:03:00 PM
From: Fridrik Skulason  Read Replies (4) | Respond to of 9124
 
Tomorrow ?

It is pretty obvious that tomorrow could be an interesting day, as far as QNTM share price is concerned. My guess is that one of the two following things will happen:

#1 QNTM will open around 20, the tech stocks will in general have a lousy day tomorrow - The Nasdaq index will go down 5% at least, and QNTM will end the day around 15, and will hover in the 15-20 range for the next 6 months.

#2 QNTM will open lower than today's close, and will go down to 18 or so in a few hours, but a number of people will be jumping in at that point, seeing it as a bargain, driving the price up again. QNTH will end tomorrow at 21.

Other predictions, anyone ?