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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: BoNg-N-BoNg who wrote (6853)	1/20/1999 7:03:00 PM
From: tom pope	Respond to of 43080

QNTM BoNg Against the background of a possibly weak market, it will be very interesting to see what QNTM does tomorrow. Pretty good earnings report. I had an order to sell short at 30 1/8, which obviously did not get filled. Given the earnings and the continuing recovery of the drive related stocks, with the exception of WDC, I think I'd rather be out or be long, but not short QNTM. Quite a sell-off in the last hour of trading. I sold 3 (I wish it had been more) of the YHOO Feb 350's for 25 1/4. They closed at 17! Still, it takes away some - only some - of the pain of the likes of SUNW, down 10 in the last hour.