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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 (9769)11/7/1997 2:12:00 PM
From: cardiologist to be  Read Replies (2) of 45548
 
do you seriously believe that we will see 24, or are you delusional?

i bought first at 32 and saw it drift down into the mid 20's and nearly panicked over the summer. it then rebounded nicely, and as usual i sold it way too early, but at least i made a nice profit at 40.

back in now and will ride this baby to the bank.

btw, does anyone know on what basis coms was downgraded today?
is this in relation to earnings from asian markets or just a negative opinion about the tech sector in general.

seems silly to downgrade it when it is off 30 % from its highs.
seems silly to downgrade when it has already absorbed the costs of usrx merger in its previous quarter.

or am i the silly one?

curious
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