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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-67.5%Nov 7 11:47 AM EST

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To: tony sidhu who wrote (10157)11/13/1997 11:26:00 AM
From: Valentino  Read Replies (1) of 45548
 
Tony,

My read on this free-fall is the same. I have an X2 modem, my ISP uses X2 technology, both my kids have 3com ethernet cards for their network at college. Coms has a substancial market presence and isn't going to fade away. This is either the opportunity of a lifetime, or there's some unbelievably bad news coming down the pipe. I find it even more amazing that someone on this thread predicted this script, last week, when Coms first broke below $40. I sold at $49 before the Hong Kong meltdown and bought back in at $43. Not in my wildest dreams did I anticipate Coms below $30. Somehow the loss I'm taking, tempers the excitement of Coms at these levels, but plan margin myself out when the dust settles to get my average price pe share into the high
20's.


Valentino
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