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: NucTrader who wrote (6432)	12/10/1997 9:00:00 PM
From: bill vickery	Read Replies (1) \| Respond to of 9124

all of you who recently bought this stock (I bought at 28, and can avareage down tomorrow.) are forgetting something very important. DD is a cyclical industry. It seems the cycle doesn't last long enough to get capital gains treatment anymore (18 months) However we are BLESSED because tomorrow we can buy this stock on the cheap, wait for the recovery and by the time the industry is peaking again, we can get our capital gains treatment. Cretainly this will play out in 18 months. Certainly we get a double or triple from here, esp we we buy the stock under 20. Any thoughts?