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


To: RealMuLan who wrote (7413)2/27/1998 9:11:00 PM
From: Richard Grenier  Read Replies (1) | Respond to of 9124
 
Yiwu, I am in the same position as you with my 3500 shares that I bought at 34.75 but I am still very patient. It cost me $850. a month in interest charge to keep them in my portfolio.

I even added 14 call may30 and 10 call august30 over that.

It is a matter of days before the stock goes back up to 30. IMO

There are a lot of accumulating at around 26 and it is now ready to jump to 30 very fast. The big money manager are taking big position on the stock since two weeks.

It will be very interesting to see what will happen in the coming weeks.

More positive than ever on QNTM.

Richard



To: RealMuLan who wrote (7413)3/2/1998 3:07:00 AM
From: Scott Moore  Read Replies (2) | Respond to of 9124
 
Must be nice to have the option to kiss off a big loss on your tax return. Unless you are paper trading, sounds like your creating a wash sale.