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


To: Jolo who wrote (6947)1/6/1998 10:56:00 PM
From: Kevin Chesser  Read Replies (1) | Respond to of 9124
 
Hey Jolo, RELAX!!! Go back and read my message, there is no arguement from me. Mostly I am agreeing with you. I do think that DD stocks will be hanging low in short-term. I do not agree that they will fall further...(how can they)? It is laughable that all DD stocks fall when one by one they each repeat the same story...strong pricing pressures, conversion to MR, etc.

In a perfect market, seems all stocks would have bottomed after the first two companies preannounced, not fall continuously as each individually gives the same story!

As far as being bullish on QNTM, I am (at least compared with other DD stocks). I watched my initial investment in March at 20 more than double. Unlike others I did not sell. Now I have same stock at breakeven! Geez, I am still holding APM purchased at $32. Blindly stupid? Probably...I mistakenly took on a longer term holding strategy. Now I have learned you cannot do that in DD stocks (probably in most technology).

Way I see it you and I are reading from the same hymn book.

Bullish but realistic,

Kevin



To: Jolo who wrote (6947)1/6/1998 11:20:00 PM
From: Gottfried  Read Replies (2) | Respond to of 9124
 
Jolo, >Kevin, I was just giving my humble opinion.<
And I value your opinion. It seems to me Kevin was agreeing
with you.
As for the stock going sideways for a while, I would not
be surprised. Since I have all the QNTM I want, I'll
just hold and watch it closely. No more riding it up
and then down again.<g>

Regards Gottfried