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


To: Harley Morgan who wrote (6474)12/11/1997 8:27:00 AM
From: Michael Burry  Read Replies (2) | Respond to of 9124
 
Now that is ridiculous. If we had started at 30, we'd be opening
at 23-25. This is irrational. Who didn't know that we'd have
profit pressure this Q? I bought fully expecting a shortfall, now
it turns out everyone is surprised?

Mike



To: Harley Morgan who wrote (6474)12/11/1997 8:31:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 9124
 
<<First Trade 16 1/2 1,000 shares. Anymore predictions?>>

Harley - OK, I'll take a wild crack at it: the market tanks at least several hundred points today and again tomorrow. Qntm goes at least to 12 and most other stocks, principally tech's, get the pulp beat out of them.

That's my prediction; with $2.25 it will get you an excellent cappacino down the street. I'd sure like to see things go to the moon, as I am heavy in tech's but I have this feeling ... . (I don't put much money in my or anyone's gut feelings about the stockmarket. No, I'm not short or holding puts.)

Harley's got the challenge on the table. Hey, it's OK to have a little fun and laugh once in a while! Especially in times like these. Good luck, a Merry Christmas, and a profitable New Year to us all.
; )



To: Harley Morgan who wrote (6474)12/11/1997 8:36:00 AM
From: Dale J.  Respond to of 9124
 
<<re: First Trade 16 1/2 1,000 shares. Anymore predictions?>>

A profit warning from Quantum Corp (NASDAQ:QNTM) sent its
shares down 3 to 20-13/16 in London. The computer disk drive
maker said third quarter earnings will be below the second
quarter because of aggressive pricing in the market.

I say we hold the line above 20!