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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

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Jan 2 9:30 AM EST

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To: Tim Luke who wrote ()	12/2/1998 1:58:00 PM
From: wallyam	Read Replies (1) of 45548

i agree about the naz turnaround. last weeks fundamentals have not changed. i notice some stocks starting to turn now. if it doesn't happen today it will this week. strong house numbers balance out weak napm. talk already surfacing about reasons that fed could cut rates again. i think that what we have in place now is people that are getting used to living on stock market gains and have factored it in to their monthly budget. whenever it looks like it's time to go to fixed income instruments, it doesn't take long to realize the difference in yield and therefore they look for any excuse to get back into the market. this market will keep advancing until the end of the world as we know it which is coming in 2000. MHO

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