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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: sam who wrote (12252)12/15/1997 5:21:00 PM
From: craig crawford  Read Replies (1) of 45548
 
Also, NT was down hard today and is below it's 200 DMA.

TLAB couldn't close up and is below 200 DMA.
QCOM got a slight bounce today as did ERICY.
MOT had a nice day due to the upgrade.

The group is getting weaker and weaker. Maybe not as bad as the chips but definitely starting to crack.

Of course if we have a big rally tomorrow everything will probably rise. I don't claim to be able to predict every little day to day movement. I just think all of the techs aren't done going down and I don't think we're through with the Asian flu either.

One thing I need to do some research on are companies with heavy exposure to China. I think the Asain contagion will eventually spread there and will affect companies that do a lot of business there.

I am kicking myself for not jumping all over QCOM. Apparently has big exposure to Korea. I need a research staff.

Any volunteers?
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