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

To: BroSnack who wrote (6763)	12/15/1997 3:22:00 PM
From: Jon Tara	Respond to of 9124

>does anyone know why QNTM is up 3/4 all of a sudden Must be the downgrade. The wags on CNBC were saying this morning that analyst downgrades must be the sign of a bottom. Saying that in the past, the public had to capitulate before the market would turn around. Now, it's the analysts. OK, now, seriously, my only guess, given the velocity of the move, is some takeover speculation. It is getting pretty cheap... Don't take that as gospel - I don't even know that there is speculation - just speculating on the speculation! ;)