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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Nov 26 9:30 AM EST

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To: AreWeThereYet who wrote (10218)11/13/1997 4:58:00 PM
From: Innuit  Read Replies (1) of 45548
 
The most important news today was the AOL announcement:

AOL Networks Announces Availability of US Robotics x2T Technology in 410 Cities.

Until the Committee decides on the 56K format for modems USR is top dog in the home modem (410 cities) front. When this sinks in COMS may take off and the shorts will be in trouble.

Whenever a stock is downgraded to a sell by a firm it means BUY. By the time they are embarrassed about one of their recommendations to tell you to sell, it is already oversold, and will cause some to sell some more on the announcement and then the stock IS RIPE FOR PURCHASE.

A huge number of people (like me) bought the stock in the afternoon on the way up. The shorts will keep it going up.
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