3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00150

-28.6%

Dec 11 9:30 AM EST

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To: Chris who wrote (9099)	10/16/1997 11:30:00 PM
From: Mang Cheng	of 45548

Chris, suddenly you didn't sound like a TA anymore !? You sounded like a Warren Buffet Disciple (!) :-) I do believe there are great uses for TA. I usually got killed if I don't obey some simple TA rules - like jumping into LSI few days ago while the stock was on a successive downtrend for six days - I lost 20% in a matter hours. I'd start worrying about short-term trend if it breaks down the $49. Other then momentum, I can't think of one single reason why coms should break down again (!?). The point-of-sale article yesterday was actually pretty good. Coms has 70% of the market - but this news was 'wasted' in this environment. I hope Seagate won't wipe out everybody tomorrow. Mang

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