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

To: RealMuLan who wrote (6920)	1/3/1998 8:59:00 PM
From: NucTrader	Respond to of 9124

>>>>>>Off-topic<<<<<< Hear Ye! Hear Ye! We're all emotional gamblers. How many of us have said [about stocks or something else]: "If I get out of this with my finances, pride, honor, health, etc. intact, I'll swear I'll never be stupid enough to do it again?" The real test is not just saying it, of course. The real test is first getting out in one piece and then seeing what one does the next time he's confronted by the same situation. Some of us are "pure" EGs - the momentum investors; some of us are EGs who like and use TA; others of us EGs who prefer to use FA.......When a good stock like QNTM loses 50% in a little over 2 months, most who went along for the ride without bailing probably feel like they were kicked in the teeth, regardless of their expertise or motivation for hanging in. [Covering all bases, I suppose a few could feel elated - if so I'd have to say they have masochistic tendencies, and that O.K. by me]. When the stock has days like Friday, everyone still in the stock should feel good [and appropriately anxious about the continuation, or lack thereof]. I do agree that often when one rides a stock from the highs to the lows and then bails when it returns to breakeven, he often regrets it because the stock continues to go up. ALL OF THE PRECEDING, OF COURSE, BEING IMHO.

To: RealMuLan who wrote (6920)	1/4/1998 2:04:00 AM
From: Russell McGuire	Read Replies (2) \| Respond to of 9124

Yiwu,Richard First of all, I really don't think you should consider QNTM a DOG just because you bought at the wrong time or didn't have an exit stradegy. The question that comes to my mind is....Why didn't you guys have stops set, to avoid those $50k (or worse) losses? The fundamentals for QNTM are very strong and the major concencus is that QNTM is the new leader, on the way up. Even if a company is in the greatest position imaginable bad news for the overall economy and the rest sector performing badly can bring it down like any other stock, but it will most likely recover the quickest. I don't mean to be dogging you(pardon the pun) about this, but when QNTM hits 30 and still looks strong, why sell? Why not set some stops and ride it up with the rest of us (their is room for everyone on this ride.) Either way Good Luck!!!!! Go QNTM!!!!