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

To: Alan Casey who wrote (8486)2/17/1999 10:40:00 PM
From: john dodson  Read Replies (1) | Respond to of 9124
 
Alan,

I tend to agree with you that we may have a little left on the downside, hopefully not much. This is inspite of the strong fundamentals for the entire dd sector at this point looking forward. I thought for sure when QNTM blew away earnings a few weeks back and gave a rosy outlook for the future that we were on our way up.

Amazing this mania.

-John Dodson



To: Alan Casey who wrote (8486)2/18/1999 6:10:00 PM
From: Vladimir Zelener  Read Replies (1) | Respond to of 9124
 
Alan

<<Perfect industry to play the swings in, but we have a way to go yet before we start moving up IMHO>>

Care to name some numbers and maybe some explanation why you think this way.

SEG down from $40 to $30 (25% down) and QNTM from $28 to $20 (around 30% down), while neither NASDAQ nor SP500 moved as much. Doesn't it look like an oversell??


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