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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Glen McGlaughlin who wrote (10459)11/18/1997 7:33:00 AM
From: Paul Bush  Read Replies (1) of 45548
 
Glen,

I think you may be fooling yourself if you think COMS won't return
to under 30. The Techs have been going crazy the last few days and
COMS has gone along for the ride. As soon as the market calms, the
fear will be back. There was a reason COMS dropped so far so fast
and that reason has been pure speculation so far for us individual
investors. Short term inventory problems? Maybe. What is the real effect of the USRX accounting story? When the big boys have unloaded their positions the rest of us will find out the real news. The way the stock has been acting, I would say an earnings warning is coming.
My only question is how bad. I may be wrong, but until earnings are announced, I think buying this stock is like throwing the dice in vegas.
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