3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Mehrdad Arya who wrote (34918)	10/6/1999 5:57:00 PM
From: The Phoenix	Read Replies (2) of 45548

Mehrdad, You're really unbelievable. You are mixing up supply and demand and money supply. I tried to keep the two separate. Clearly if monetary policy is to tighten than stock prices will come down...all else being equal. This has little to do with sentiment. If you assume monetary policy to be stable, stock prices will fluctuate based on supply and demand and both a function of sentiment, perceptions, and other commodity prices. There are two variable here???? Understand. None of these variables have anything to do with physics...they are business and economic related. The internet craze will continue undaunted until either monetary policy is altered or demand for these stocks (which is a function of sentiment) subsides. (Or prices of other goods change dramatically.) Don't try to throw a bunch of smoke and mirrors on something that is really quite simple. OG

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