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

To: RealMuLan who wrote (6557)	12/11/1997 1:50:00 PM
From: Sam	Read Replies (1) \| Respond to of 9124

"And the problem for me right now is that how much money should I prepare for the margin call? I am now transferring all those margin call to my credit card, which will charge me 19% APR. Does it worth it? Am I just throwing the money in a Black hole?" No, it isn't worth it. Yes, it is a black hole shortterm.

To: RealMuLan who wrote (6557)	12/11/1997 1:52:00 PM
From: Michael Burry	Respond to of 9124

I don't use margin, so of course I don't advise buying on margin at all - short term who knows what can happen. When I talk of investments I speak of them as long-term holdings as part of a portfolio diversified at least across 5 industries. I'm certainly not advocating buying Quantum as a major portion of a portfolio or on margin. Fine it hits 40, but it hits 12 first - then where are you? Most advice from people who've done well is to buy a well-researched fundamental story, and sell if it changes. OXHP changed with its $200M charge, so I got out. QNTM didn't change with this press release so I'm still in. I added a small amount at 23 yesteraday, and I've got another buy order down in the mid 17's. Mike

To: RealMuLan who wrote (6557)	12/11/1997 2:06:00 PM
From: Dale J.	Respond to of 9124

<<re: I am now transferring all those margin call to my credit card, which will charge me 19% APR. Does it worth it? Am I just throwing the money in a Black >> I wouldn't continue to margin especially on a credit card. Its just too risky. I do think qntm has bottomed (Yes I've said that before) and it will rocover.

To: RealMuLan who wrote (6557)	12/11/1997 3:13:00 PM
From: Chuck Bleakney	Respond to of 9124

>> Michael: I agree with you. However, I have one question: if this Bear Stearns guy is so sure what he is talking about, why he cannot say something in the public. That might give us some relief. << Get some tums, that's about all the "relief" you're going to get these days. Chuck