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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-23.5%Nov 7 11:47 AM EST

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To: dougjn who wrote (9765)11/7/1997 12:56:00 PM
From: Eric  Read Replies (1) of 45548
 
Dougin:

It's quite possible the other shoe has not fallen.

With all this damage we will not see a rebound in stock price until we get positive news. The quarterly report and conference call will be very critical and thats a looooong way away. Probably over a month away, thats a long time to wait and wonder.

So we are going to go lower. We need a selling climax on reliable news...no bottom seen yet.

Cisco is eating everybodys lunch now. I believe they are hurting 3Com less than the others and I believe COMS and CSCO can co-exsist.

I understand the technology and management styles of the companys and still believe strongly that COMS and CSCO will survive....The others will not!

You have to be a long term investor here to profit! Speculators or Day traders will be hurt bad in this current market environment.

Above all, be patient!

Eric
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