3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lifeisgood who wrote (32517)	7/23/1999 1:58:00 PM
From: Bruce L	Read Replies (3) of 45548

<<it's happened 5 times in the last two years and each time it goes back down, someone says the same thing we won't see $22-23 per share again any time soon each time they're wrong>> Lifeisgood: Maybe you should check your facts before you state as fact anything so misleading. l. COMS started a downturn 2/2/99 when the stock was near $50 and bottomed ~ 4/8/99 at ~$21, with the lowest intraday trade in this period of $20. 2. In the period August - September l998 COMS went to as low as $24 -25, back over $30, back down to $24-25 and then back over $30. The lowest intraday I could find was $23. The point I gathered from looking at the chart was the time COMS spent at ~ $25 in every instance was a great buying opportunity that did not last more than a week. 3. (The following is from memory because I don't have a long term chart) In approximately April 1997, immediately following the US Robotics merger, COMS fell from ~ $35 to as low as 25. There was an intraday low below this ( I remember the day well because I was daytrading) but there also was a sharp intraday recovery. The point being that $25 was another great buying opportunity because the stock moved from there to ~$50+ within a month. BTW, I don't recall your posting on this thread in the past two years, so how can you know that "each time they said... and each time they were wrong"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next