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


To: RFF who wrote (7445)3/5/1998 11:05:00 AM
From: James L Wood  Respond to of 9124
 
Is there any reason given for the possible returns of the DLT units? QA problems? Cut-backs in expenditures? Reason will influence price impact if true.

Would like to know more. If there is merit to this, it will change my strategy when the gap fills, which could occur today - only 1/4 point away on the low trade of 21 1/2 today.

Anyone know more?



To: RFF who wrote (7445)3/5/1998 11:09:00 AM
From: Sam  Read Replies (1) | Respond to of 9124
 
Well, I just went the The Gate to try find a Greenberg column there which suggests such a thing. Nothing is sight. I find it hard to believe--the 7000 has been out for quite awhile. Greenberg is a great source of info about what some short sellers want to go down; other than that, he is a great source of non-information.

Can you post any further details of this great Revelation? Or is that all there is? The way you put it, if it is a direct quote, this is just something that this hedge fund manager would like to happen. Not a fact, though cleverly stated to make it appear to be a fact. Sort of like a short seller saying, "Gee, on my wish list, I wish Dell would preannounce that their revenues would be flat". As stated, it only means that this hedge fund manager is short and wants QNTM to go down, or he wants to be long at a lower, giveaway price.