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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Mang Cheng who wrote (12146)12/11/1997 11:26:00 PM
From: craig crawford  Read Replies (1) of 45548
 
<< I don't think you and Craig are very experienced short sellers, neither am I a very experienced
longs - or else I won't be left holding this bag <Ha ! Ha! Ha!> >>

Speak for yourself. I have only had one short ever that went significantly higher after I shorted it.
(AOL) America-One-Line.

<< Right, I think holding a short position on coms right now is quite dangerous. >>

I don't think it's very dangerous. I just think it's getting boring.

<< The chance for it to break out to $38 short term is at least 60%. >>

What's the big deal about 38? That's less than 3 points away. I have been short twice now when it has reached 38. Didn't bother me before.

<< I would jump into a short position if coms break-down thro' 33 1/2 - then it may go to $25. >>

I do agree with you here. I might add to a short position if COMS started breaking down. 33 7/8 is the closing low since the warning.
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